5 Reasons Why India’s Solar Exporters Deserve More Credit Updated On Thu, Feb 22nd, 2024 by Saurenergy One of the strangest accusations you will hear against Indian manufacturers, is the one about them exporting solar modules when there is a ‘shortage’ in India. Or worse, about them exporting modules even as they ask for ‘protection’ from imports in India. With exports set to surge to 3 GW and beyond in FY24, this […] Read more
Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF Updated On Thu, Feb 22nd, 2024 by Saurenergy The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […] Read more
TotalEnergies Acquires 59MW Solar Farm in Spain Updated On Thu, Feb 22nd, 2024 by Saurenergy TotalEnergies Renewables, the green energy arm of TotalEnergies, has announced that it acquired the 59MW Dehesa Nueva del Rey solar park in Spain from developer Synergia. This ready-to-build project adds to the 3GW portfolio of solar projects TotalEnergies already has with environmental permits in Madrid, Murcia, Andalusia, Aragon, and Castilla La Mancha, said the press […] Read more
GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more
Environmental Reason Behind Shift to EVs, Buyers In India Worried About Charging Time: Report Updated On Tue, Feb 20th, 2024 by Saurenergy The latest Global Automotive Consumer Study by Deloitte shows that when it comes to the usage of electric vehicles battery-related concerns persist higher among Indian consumers. The study showed that around 43 percent of car buyers in India say the time required to charge an electric vehicle is one of the greatest concerns regarding EVs. […] Read more
France Slashes EV Subsidies By 20% For High Income Earners: Report Updated On Fri, Feb 16th, 2024 by Saurenergy The French government slashed subsidies on electric vehicles for the top 50 percent of high-income earners earlier this week. The aim behind this move by Paris is to control budget-related issues and manage expenditures for promoting electric and hybrid vehicle adoption. Therefore, the France government has reduced the subsidy by 20 percent. Under this new […] Read more
Solar Thermal Technologies In Focus At Conference Backed By MNRE, NSEFI Updated On Wed, Feb 14th, 2024 by Saurenergy New Delhi hosted the International Conference on Solar Thermal Technologies on Feb 12 and 13. Organised by the Solar Energy Corporation of India (SECI) and National Solar Energy Federation of India (NSEFI), the conference focused on ways to integrate Solar Thermal and Concentrated Solar Power (CSP) storage with Renewable Technologies. Driven by dropping costs and […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
CubicPV Blames Collapsing Prices To Abandon 10GW Solar Wafer Plant In US Updated On Fri, Feb 9th, 2024 by Saurenergy US solar cell and module manufacturer CubicPV has abandoned its plans for a 10GW solar wafer manufacturing facility in the US and is “restructuring” its business to focus on its tandem technology module development. Plans for the 10 GW facility to manufacture wafers using CubivPVs core silicon and perovskite technologies to provide semiconductor combination for […] Read more