IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report Updated On Mon, Dec 4th, 2023 by Saurenergy A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […] Read more
Growatt Introduces New Generation of MAX Inverter Series For C&I Segment Updated On Mon, Dec 4th, 2023 by Saurenergy Growatt has introduced an upgraded version of its MAX inverter series. The demand for solar panels with higher power outputs continues to grow, driven by the need for more energy generation in limited spaces, such as commercial and industrial scenarios. Ongoing development of solar cell technologies have contributed to the development of high-current modules. The […] Read more
Dogger Bank D Awards Projects for Technical Consultations to Three Firms Updated On Mon, Dec 4th, 2023 by Saurenergy Contracts have been awarded to Genesis, H2GO Power, and Fichtner by project partners SSE Renewables and Equinor in an initiative to begin the production of large-scale green hydrogen from the 2 GW Dogger Bank D. Being developed in a phased manner, Dogger Bank is located off the coast of England. The project, which could be […] Read more
Behind China’s Global Renewable Leadership Updated On Thu, Nov 30th, 2023 by Saurenergy Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […] Read more
Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report Updated On Thu, Nov 30th, 2023 by Saurenergy A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
Airtouch Solar to Offer Robotic Cleaning Systems for Adani Green’s 150 MW Solar Project Updated On Wed, Nov 29th, 2023 by Saurenergy Airtouch Solar, a developer of robotic solutions for the solar energy market, has announced the signing of an agreement with Adani Green Energy Limited (AGEL), to supply and install water-free robotic cleaning systems for a 150 MW solar plant in India. Under the agreement, Airtouch Solar will install robots at the site by the end […] Read more
Polysilicon Industry Set to Push Out New Entrants In 2024, Predicts Bernreuter Updated On Wed, Nov 29th, 2023 by Saurenergy Germany research firm Bernreuter Research predicts an imminent, and third shakeout in the global polysilicon industry in 2024. This would be caused by sustained, low polysilicon prices that will only go lower, before any sort of recovery post 2024. The trigger will be Chinese polysilicon market leader Tongwei that will usher in a phase of […] Read more
