China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study Updated On Thu, Apr 25th, 2024 by Saurenergy A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by fossil fuels to one where renewable power plays a key […] 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
India Overtakes China As Largest Three-Wheelers EV Market: IEA Updated On Tue, Apr 23rd, 2024 by Saurenergy International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […] Read more
Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme Updated On Fri, Apr 19th, 2024 by Saurenergy Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […] Read more
Could Interest Rates Trip Up India’s Renewables Push? Updated On Tue, Apr 16th, 2024 by Saurenergy Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […] Read more
ALMM: India’s Enlisted Solar Module Manufacturing Capacity Touches 41.5 GW Updated On Wed, Apr 10th, 2024 by Saurenergy The latest updated Approved List of Models and Manufacturers (ALMM) list released by the Ministry of New and Renewable Energy (MNRE) reported a rise in domestic solar module manufacturing capacity. As per the latest ALMM list, released by the MNRE, the total enlisted solar module manufacturing capacity in India touched 41,463 MW. The latest list […] Read more
Pakistanis Take Matters In Their Own Hands With Rooftop Solar Boom Updated On Wed, Apr 10th, 2024 by Saurenergy Pakistan has been facing the dual challenge of rising electricity prices and an unreliable grid power supply for some time now. With electricity prices in key cities like Lahore nudging Rs 70/kW, and that too with unreliable supply, it has become only too apparent for many middle class and richer residents that they will need […] Read more
India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry Updated On Mon, Apr 8th, 2024 by Saurenergy Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […] Read more
