Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
Top 5 Countries With The Fastest Increase In Solar Capacity In 2023 Updated On Thu, Jan 4th, 2024 by Saurenergy As 2023 comes to an end and 2024 is upon is, it could be considered an interesting exercise in retrospect to look upon the countries that shone in terms of adding solar capacity in the past year, leading the rest of us into the future. Here are the top 5 countries with the fastest increase […] Read more
Trina Solar Lands First Industrial Solar Energy Storage Project in Japan Updated On Wed, Dec 13th, 2023 by Saurenergy Trina Solar signed a memorandum of understanding (MoU) with Japan’s Narashinrinsigen Hozenkousya (Nara Forest Resources Protection Company of Japan) to boost the penetration of its energy storage systems in Japan. As per the pact, this collaboration solidified Trina Solar’s entry into the industrial energy storage sector in Japan, with a commitment to supply large-scale Battery […] Read more
SMA Solar Profits From The Sun, Order Book At €2 billion On September 30 Updated On Wed, Nov 15th, 2023 by Saurenergy German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […] Read more
Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth Updated On Tue, Nov 14th, 2023 by Saurenergy Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […] Read more
India Agrivoltaics Alliance Launched To Aid Growth Of Solar With Farming Updated On Tue, Oct 31st, 2023 by Saurenergy The India Agrivoltaics Alliance (IAA) was launched, during the first India Agrivoltaics Summit held on October 30, by the Joint Secretary of Ministry of New and Renewable Energy (MNRE) Lalit Bohra. Supported by the India Climate Collaborative (ICC) and Bloomberg Philanthropies, IAA brings together organisations across the entire agriculture and solar value chains. This alliance […] Read more
October Solar Additions Equal To Full 2022 As Europe’s Solar Romance Blooms Updated On Fri, Oct 27th, 2023 by Saurenergy Rystad Energy Research reports that Europe’s solar installation levels are exceeding expectations, with the amount installed in October 2023 already matching the total installed in all of last year. Rystad Energy modeling forecasts new solar capacity additions will grow 30% this year versus 2022, surpassing 58 gigawatts direct current (GWDC) of new panels by the […] Read more
German 400 MW Solar Plus Storage Tender Sees Oversubscription Updated On Tue, Oct 3rd, 2023 by Saurenergy Germany has concluded its latest round of the 400 MW solar tender that comes with storage. The Federal Network Agency shortlisted 408 MW worth of projects. Interestingly, this round of the innovation tender attracted unprecedented interest from the bidders. The round saw a total of 53 bids with a cumulative capacity of 779 MW. Of […] Read more
Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO Updated On Fri, Sep 29th, 2023 by Saurenergy The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […] Read more