As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow? Updated On Fri, Oct 18th, 2024 by Saurenergy In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […] Read more
Coal Generation To Remain 30% Higher Than Solar Generation: IEA Updated On Thu, Oct 17th, 2024 by Saurenergy Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […] Read more
Microsoft, Google, and Now Amazon- Is Nuclear Hip Again? Updated On Thu, Oct 17th, 2024 by Saurenergy Last month, on September 20 came the news that Microsoft and Constellation Energy, the utility that owns Three Mile Island nuclear power facility, have inked a deal that would help restart Unit 1 at the Three Mile Island Nuclear Generating Station. the deal marked the first time a shuttered nuclear plant in the US was […] Read more
TOYO Announces Plans For 2 GW Solar Cell Manufacturing Facility Updated On Tue, Oct 15th, 2024 by Saurenergy NASDAQ-listed solar company TOYO Co. Ltd has announced its plan to establish a solar cell manufacturing facility with an expected annual capacity of 2 Gigawatts (GW). The company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country’s favorable investment policies, tariff status, and […] Read more
Credence, Krannich Partner To Supply MonoPERC & Topcon Modules Updated On Mon, Oct 14th, 2024 by Saurenergy Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […] Read more
eBikeGo’s Subsidiary Vajram Electric Acquires 40% Stake In Varcas Updated On Mon, Oct 14th, 2024 by Saurenergy eBikeGo’s subsidiary, Vajram Electric Ltd has acquired a 40% stake in Varcas Automobiles Pvt Ltd, an Electric Vehicle manufacturer based in Hyderabad. Varcas Automobiles Pvt Ltd has successfully delivered over 25,000 electric two-wheelers to date and generating a revenue of ₹110 crore. With the acquisition, Vajram Electric Ltd aims to capitalize on Varcas’ robust manufacturing […] Read more
Saatvik Solar’s Module Orderbook Swells By 200 MW With Mahagenco ORder Updated On Mon, Oct 14th, 2024 by Saurenergy Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […] Read more
Focus On Avoiding Renewable Curtailments-IEA Prescriptions Updated On Mon, Oct 14th, 2024 by Saurenergy Renewable energy sources such as solar and wind power are growing at a rapid pace. Naturally, the transition is also driving significant transformation for the global energy landscape. In 2024, global renewable energy capacity is expected to increase by almost 20 percent, building on the record growth of 60 percent seen in 2023. While this […] Read more
Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain Updated On Fri, Oct 11th, 2024 by Saurenergy The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that are harder to electrify, such as transport, industry, and heating. […] Read more