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
Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA Updated On Wed, Apr 24th, 2024 by Saurenergy International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […] Read more
Powered By Solar Demand, The Silver Institute Makes Case For Faster Silver Price Growth Updated On Wed, Apr 24th, 2024 by Saurenergy US based The Silver Institute, in its annual report on the Silver market, has made the case for a faster rise in Silver prices, arguing that not only is the metal a high beta version of gold, but market conditions are also converging to drive up prices further. Chief among these is demand from solar […] Read more
GWEC Elected Girish Tanti Vice-Chair Of Board At Abu Dhabi Updated On Tue, Apr 23rd, 2024 by Saurenergy Girish Tanti, Vice Chairman of the Suzlon Group, has been elected Vice-Chair of the Global Wind Energy Council (GWEC) at the annual board meeting, held in Abu Dhabi this year. With nearly 30 years of global renewables business experience, he has lived and worked across Europe, USA and Asia. As co-founder of Suzlon, he incubated […] Read more
5 Ways The World Will Change As Renewable Energy Gains Share Updated On Mon, Apr 22nd, 2024 by Saurenergy Sometimes, it’s good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is afoot. While those impatient for much more will probably disagree, […] Read more
IEA’s PVPS Report 2024- Five Key Highlights Updated On Thu, Apr 18th, 2024 by Saurenergy The International Energy Agency’s PVPS program or Photovoltaic Power Systems Programme is promoting and facilitating the exchange and dissemination of information on the technical, economic, environmental and social aspects of PV power systems. it currently has 31 members, with India, and even the India backed International Solar Alliance (ISA), notable absentees. However, their 2024 report […] Read more
India To Have 122GW Installed Wind Capacity By 2032: GWEC Report Updated On Thu, Apr 18th, 2024 by Saurenergy India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […] Read more
