Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
Solar Europe 2023-Record Additions, Generation Seen in 2023 From Solar In Europe Updated On Wed, Jan 17th, 2024 by Saurenergy That Europe added over 56 GW of solar in 2023 has already been documented. But it is the numbers coming out from individual countries that make for interesting reading. Thus, even as powerhouses like Germany crossed 14 GW in fresh additions, smaller countries like the Czech republic made major strides as well, adding over 970 […] Read more
ARENQ Partners with DE Power to Distribute EV chargers, Swapping Stations Updated On Tue, Jan 16th, 2024 by Saurenergy ARENQ, a manufacturer of energy storage batteries, partnered with DE Power, an Asian company specialized in Electric Vehicles (EV) charging solutions, as the exclusive distributor of latter’s chargers and swapping stations across India. “This collaboration marks a significant milestone in our commitment to revolutionize India’s electric mobility landscape. ARENQ is dedicated to empowering sustainable transportation […] Read more
Director (Power System) Updated On Fri, Jan 12th, 2024 by Saurenergy I. COMPANY PROFILE:- Solar Energy Corporation of India (hereinafter referred to as SECI) is a schedule ‘A’ CPSE under the Administrative jurisdiction of Ministry of New & Renewable Energy. SECI is the only CPSE exclusively dedicated to the development of the Renewable Energy sector in India and its scope of activities covers all renewable energy […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
China-based Solar N Plus, GCLSI Record Key Solar Wins In India Updated On Wed, Jan 10th, 2024 by Saurenergy Chinese firms, for all the worries on extension of ALMM (Approved Lists of Modles and Manufacturers) exemptions post March 2024, continue to make progress with Indian customers. First up, Solar N Plus New Energy Technology Co., Ltd. (Solar N Plus), a leading manufacturing expert in TOPCon technology and a subsidiary of Lanfeng Bio-chemical Co., Ltd. […] Read more
Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
CIP Commences Construction Of 300 MW Wind Project With Envision Updated On Mon, Jan 8th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) have taken final investment decision (FID) on a 300 MW onshore wind project in India together with Viviid Renewables (Viviid), an Indian developer and balance-of-plant service provider. The project is located at Karnataka with favorable wind conditions, good site accessibility, and an […] Read more