China Seeks a fix For PV Overcapacity With New Norms Updated On Fri, Nov 22nd, 2024 by Saurenergy With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […] Read more
5 Ways To Decarbonise Power Hungry Data Centers? Updated On Fri, Nov 22nd, 2024 by Saurenergy Data centers worldwide are known for their substantial electricity consumption, which powers the ever-growing data business. As global corporate giants continue to invest in this sector and expand across borders, reducing carbon emissions has become crucial. Dependence on conventional power grids increases the carbon footprint of these data centers due to their significant power requirements. […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
The Top 5: Largest Commissioned Wind Farms in the World Updated On Wed, Nov 20th, 2024 by Saurenergy The global wind industry installed 10.8 GW of new offshore wind capacity in 2023. This increased the global total to 75.2 GW of capacities. This growth came despite macroeconomic challenges in key markets. The commissioning of several large-scale wind energy farms worldwide highlights the impact of increasing policy momentum, which is driving the expansion of […] Read more
Brazil Pushes Up Solar Tariffs To 25 Percent Updated On Tue, Nov 19th, 2024 by Saurenergy Brazil, which has emerged as an important destination for Chinese solar exports after the challenges in the US and India, has hiked import tariffs to 25% on module imports, crimping yet another key market for Chinese manufacturers. The new rate follows an earlier tariff of 9.6% that the government has imposed to support the growth […] Read more
Policy Makers Continue To Trim Solar Export Incentives In China Updated On Mon, Nov 18th, 2024 by Saurenergy China has chosen to include solar PV products in a move to reduce or even cancel an export tax rebate for its domestic firms. While the amount is relatively small, a reduction from 13 to 9 percent, it does send a strong signal that the government is done with incentives for the sector, which is […] Read more
Equinix, CleanMax Ink 33 MW Captive Project Deal in Maharashtra Updated On Thu, Nov 14th, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company today signed a Power Purchase Agreement (PPA) with CleanMax, a renewable energy provider in the Commercial and Industrial (C&I) sector and a Brookfield-backed company. Under the agreement, the parties plan to collaborate to build a 33 MW Captive Power Plant in Maharashtra. This partnership intends to provide renewable energy […] Read more
US Investment Plan: Premier Energies To Wait For More Clarity On IRA Updated On Wed, Nov 13th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […] Read more
Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump Updated On Tue, Nov 12th, 2024 by Saurenergy The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […] Read more