Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more
Chinese Module Majors Feel The Pinch From Module Price Drop Updated On Thu, Nov 16th, 2023 by Saurenergy As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […] Read more
Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024 Updated On Wed, Nov 15th, 2023 by Saurenergy Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call. In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […] 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
Servotech Introduces Subsidiary Delving in EV CPO Business Updated On Sat, Nov 11th, 2023 by Saurenergy Servotech Power Systems Ltd, India’s premier EV charger manufacturer, has declared the creation of its wholly owned subsidiary, Servotech EV Infra Pvt. Ltd. to foray into the EV Charge Point Operator business. The subsidiary will act as a CPO and install EV charging stations across India. Servotech EV Infra Pvt. Ltd. aims to establish 5000 […] Read more
Top 5 Reasons Why Solid State Batteries Are Just Around The Corner Updated On Fri, Nov 10th, 2023 by Saurenergy Electric Vehicles (EVs) across the world are now seeing wider adoption. A 2023 report from the International Energy Institute (IEA) states that in 2022 alone, the world saw sales of around 10 million electric cars. The advent of Lithium-ion batteries gave a fillip to the industry with its energy density and recharging virtues. However, even […] Read more
Hithium & Perfect Power Join Forces for 1 GWh Energy Storage Updated On Fri, Nov 10th, 2023 by Saurenergy Manufacturer of stationary energy storage products for large-scale energy project developers as well and commercial and industrial sector, Hithium has forged a partnership with energy storage project developer Perfect Power LLC. The agreement was signed at Hithium’s headoffice located in China. The agreement will pave the way for Hithium to supply battery products of 1 […] Read more
Canadian Solar Sets Sights on 5 GW Wafer Unit in Thailand Updated On Fri, Nov 10th, 2023 by Saurenergy Solar manufacturer Canadian Solar is set to introduce a 5 GW solar wafer production unit in Chonburi, Thailand. The manufacturing facility, which will boast N-type wafer, will be operational by next year in March. In 2024, it will supply to the TOPCon cell manufacturing unit in Thailand. Later, by year 2025, the wafers will be […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
