Polysilicon Makers Signal Tough Times, Count On N-Type Dominance Updated On Tue, Apr 30th, 2024 by Saurenergy With Chinese polysilicon major Daqo New Energy announcing its Q1 results, the picture from a clutch of leading polysilicon makers has cleared a bit. For starters, prices are unlikely to go up significantly, pointing to a period of relative stability at best, or slight increases in eventual solar module costs. Among Daqo New Energy, OCI […] Read more
Jinko Solar Q1 Results-Module Shipments at 19.9 GW, Down 21% QoQ Updated On Tue, Apr 30th, 2024 by Saurenergy JinkoSolar Holding Co., Ltd, one of the largest integrated solar module manufacturers in the world, has announced its unaudited financial results for the first quarter ended March 31, 2024. Till 2023 end, JinkoSolar was also the leading Chinese module supplier to the Indian market. First Quarter 2024 Business Highlights Module shipments increased 53.3% year-over-year to […] Read more
CATL To Power Beijing Hyundai Electric Models With CTP Technology Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese battery manufacturing giant–Contemporary Amperex Technology Co. Limited (CATL) is all set to power Beijing Hyundai’s Electric Vehicle Projects with its advanced Cell-To-Pack (CTP) technology. The two companies recently also signed an agreement in this regard at the Auto China 2024. Per the agreement, CATL will cooperate for Beijing Hyundai’s EV projects. It will also […] Read more
RecycLiCo Secures Patent For Battery Recycling In India Updated On Fri, Apr 26th, 2024 by Saurenergy RecycLiCo Battery Materials Inc. (RecycLiCo), recently received patent No. 478749 for RecycLiCo’s “Processing of cobaltous sulphate/dithionate liquors derived from cobalt resource” by the Indian Patent Office. The Indian patent follows the form of existing patents previously granted for the same invention in other jurisdictions. The patent incorporated 18 claims, including separation of cobalt compounds from […] Read more
SaurEnergy Explains- AC & DC Capacity of Solar Projects Updated On Fri, Apr 26th, 2024 by Saurenergy As Solar PV penetration hits new highs each year, the numbers are just adding up. 2023 saw at least 29 countries installing more than 1 GW, up from 25 countries in 2022. Nineteen countries (not including the EU) now have more than 10 GW of total cumulative capacity and five have more than 40 GW. […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
Inverter Major Sungrow Overtakes Longi By Market Cap Updated On Thu, Apr 25th, 2024 by Saurenergy Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of […] Read more
EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025 Updated On Wed, Apr 24th, 2024 by Saurenergy Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […] Read more
