In 2022, India Among 3 Countries Accounting for Nearly 90% of Installed Capacity for Manufacturing Solar Modules: IEA Updated On Wed, May 31st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that China would continue to withhold its globally dominant position in solar module manufacturing capacities even in 2030. The report estimated the likely production capacities of solar modules in different countries by 2030 if the announced projects are implemented. The report titled ‘The State of Clean Technology […] Read more
MNRE Clarifies No Plan To Cut Import Duty On Solar Panels Updated On Wed, May 31st, 2023 by Saurenergy Following news reports that the government plans to cut import duty on solar panels, the Ministry of New and Renewable Energy (MNRE) has seen it fit to clarify that no such plans are in the offing. The news reports, carried by news agency Reuters as well as many Indian news outlets, had claimed that the […] Read more
Growatt Bags Top Brand Award, Puts Forth Innovations & Solutions at SNEC 2023 Updated On Tue, May 30th, 2023 by Saurenergy A provider of distributed energy solutions, Growatt, has concluded its participation at the SNEC PV Power Expo in Shanghai. The firm bagged Top Brand PV 2023 award from EUPD Research on the platform, where it also showcased an array of energy solutions. The firm maintains that Top Brand PV 2023 award further solidifies Growatt’s leading […] Read more
FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe Updated On Tue, May 30th, 2023 by Saurenergy French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […] Read more
SNEC Diary- Solar Shines Bright Updated On Mon, May 29th, 2023 by Saurenergy At SNEC PV Power Expo 2023 in Shanghai, the show remained about the tremendous China story in the sector, with over 95% of 2,700 odd exhibitors from that country. This year, total indoor and outdoor halls were increased to 34, covering a total exhibition area of 270,000 square meters. Over 2,00,000 visitors made the trip […] Read more
India Among Top 5 Global Destinations In RE Investments: IEA Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets. The global report also termed the Indian solar market ‘dynamic.’ However, […] Read more
Wood Mackenzie: China’s Solar Exports Boom 64% In 2022 Despite Global Trade Tensions Updated On Wed, May 24th, 2023 by Saurenergy A new report from Wood Mackenzie has revealed that solar exports of China grew 64% to $52 billion in 2022 despite global trade tensions. Wood Mackenzie research director Alex Whitworth held that trade tensions have taken a back seat to high power prices driven by the energy crisis, and this is causing consumers and developers […] Read more
Navitas Solar Eyes Expansion Through Partnership with Redington Solar Updated On Sat, May 20th, 2023 by Saurenergy Navitas Solar, a module manufacturing firm with a capacity of 500 MW p.a., has partnered with Redington Limited (NSE: REDINGTON), a technology solutions provider, for the distribution of solar products across India. The partnership between the two firms will help accelerate the adoption of solar power by businesses and retail segments across the country. Navitas […] Read more
Repsol To Invest €500 Million For 1.7 GW Renewables In Italy Updated On Wed, May 17th, 2023 by Saurenergy Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […] Read more