Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution Updated On Wed, Mar 19th, 2025 by Saurenergy Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […] Read more
Chinese Firms Dominate Global Wind Market But Profits Sink: Report Updated On Tue, Mar 18th, 2025 by Saurenergy Wood Mackenzie’s latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese wind energy companies led the global market in 2024. For the first time, Goldwind, Envision, and MingYang secured the top three positions worldwide, highlighting China’s increasing influence in the sector. However, the dip in their profitability remained a concern, the […] Read more
Europe’s Big Battery Hope NorthVolt Files for Bankruptcy Formally Updated On Thu, Mar 13th, 2025 by Saurenergy Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […] Read more
Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers Updated On Wed, Mar 12th, 2025 by Saurenergy Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […] Read more
MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR Updated On Tue, Mar 11th, 2025 by Saurenergy In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using ‘blue wafers’ would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers refer to diffused wafers, usually imported in India from other […] Read more
Solar Production Equipment In Focus For Solar Power Europe Updated On Fri, Mar 7th, 2025 by Saurenergy SolarPower Europe, the leading European solar body, has released a new report that calls upon Europe to seek deeper backward integration for solar manufacturing. The report highlights that at least 38 companies are active in Europe manufacturing the equipment and machinery that produces vital steps of the solar PV module supply chain, including cells, ingots, […] Read more
Tandem PV Raises $50m To Take Perovskite Based Technology Commercial Updated On Thu, Mar 6th, 2025 by Saurenergy US based Tandem PV, which has focused research on perovskite based solar technology, has announced that it has secured $50 million in Series A funding and debt, led by Eclipse, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former CEO of SunPower), Stifel Bank, CSC Leasing, and other existing and […] Read more
Vikram Solar To Manufacture Solid-State Cell Batteries Updated On Thu, Mar 6th, 2025 by Saurenergy Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […] Read more
10 Indian Companies Plan To Set Up Gigafactories In India Updated On Tue, Mar 4th, 2025 by Saurenergy The Volta Foundation in its latest 2024 report, based on its Gigafactory track, has identified 10 Indian companies planning major expansions in India’s battery sector. Some of the key players include Reliance in Gujarat (50 GWh), Amara Raja in Telangana (16 GWh), Exide in Karnataka (12 GWh), Godi in Hyderabad (12 GWh), OLA in Tamil […] Read more
