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Momentum Solar

UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices

The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […]

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Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report

A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally.  It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […]

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Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States

The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […]

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US Five Offshore Wind Projects Can Power 1.75 million Homes: Report

The Biden-Harris administration recently approved the ‘Coastal Virginia Offshore Wind’ (CVOW) commercial project. This is the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. This announcement supports the administration’s goal of deploying 30 Gigawatts (GW) of offshore wind energy capacity by 2030. Some other projects approved under this are the […]

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Waaree Renewable Q2 Results Stay Strong With 24% Growth YoY

Waaree Renewable Technologies Limited, the Solar EPC /IPP subsidiary of Waaree Group, a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ended September 30, 2023. The firm which has moved to a much faster growth path since 2021-22, has delivered a strong set of […]

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We are looking at an expansion plan of 1 GW of TOPCon cell line: Surender Pal Singh, Premier Energies

Premier Energies has witnessed a remarkable journey of introducing the first solar panel assembly line with a 3 MW/year capacity, to setting up a fully-integrated 3.4 GW solar cell and module line. The firm is also capable of handling upcoming technologies of cells with larger sizes such as M10, M12 and Multi-Busbar cells. Surender Pal […]

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Trendspotting at REI 2023

The much-awaited three-day Renewable Energy Expo held in October, as always, saw participation from all the major players in the Indian renewable energy sector. SaurEnergy’s roving team of reporters and colleagues fanned out to spot the big trends this year, and we have arrived at the following broad conclusions- Lower Presence of Foreign Firms Year […]

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Sungrow Unveils Residential Inverter Built with Recycled Material at REI 2023

Sungrow, an inverter and energy storage system supplier, has released its new residential single phase PV inverter SG5.0RS-L at REI 2023. Sungrow claims that its SG5.0RS-L delivers blazing-powerful performance in an ultra-light weight design. At the same time, its redesigned light weight cover increases corrosion resistance and lightens the installation. Eco-Conscious The new residential hybrid inverter SG5.0RS-L […]

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