Phase One of SOFAR’s New Smart Factory is Commissioned Updated On Tue, Nov 7th, 2023 by Saurenergy SOFAR, the global leading provider of PV & ESS solutions, recently commissioned the first phase of its brand-new manufacturing base in Huizhou, China. With this expansion, the company has significantly expanded its production capacity and intensified its focus on intelligent manufacturing practices. The first phase of new factory spans over 110,000㎡, with a total investment […] Read more
Altea Green’s Black Bess Project of 1 GW Commences in Italy Updated On Tue, Nov 7th, 2023 by Saurenergy Renewable energy firm headquartered in Turin, Italy, Altea Green Power has announced that it has commenced work on a battery storage system for capacity worth 1 GW. Known as Black Bess, the project will be established in Italy itself. The project will entail four sites in Italy’s central-southern part and will be commissioned in the […] Read more
US May See 619 GW Of Renewable Power Between 2023-2030: Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […] Read more
Trina Solar Leads Industry With Shipments of 210mm Modules Updated On Thu, Nov 2nd, 2023 by Saurenergy Trina Solar has reported revenue of $11.58 billion (RMB 81.12 billion) in the first three quarters of 2023, 31.22 percent more than in the corresponding period last year. The company’s report, made public on October 27, also showed that Trina Solar, continues to lead the industry with 45-46 GW modules shipments, ranking second globally, and […] Read more
CEA To Verify Captive Status Of Power Plants Every Year: Draft Rules Updated On Thu, Nov 2nd, 2023 by Saurenergy The Central Electricity Authority (CEA) released a draft guidelines on the issue of verification of the captive status of power generation plants. It has now asked the stakeholders and other people concerned to send in their comments on the issue by December 1, 2013. These norms will be applicable for the generating plants where the […] Read more
Sungrow Takes Top Spot in BESS Integrator Market in 2022: Wood Mackenzie Updated On Tue, Oct 31st, 2023 by Saurenergy Wood Mackenzie has released a report shedding light on the BESS Integrator market share rankings basis the number of BESS shipments in megawatt-hour (MWh) in 2022. The report finds that the global Battery Energy Storage Systems (BESS) integrator market has grown increasingly competitive in 2022. The top five global system integrators account for 62% of […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
Honeywell Ventures EV Industry Safety Solutions in India Updated On Mon, Oct 30th, 2023 by Saurenergy USA based multinational Honeywell has announced bringing EV industry safety solutions to India. The firm has a portfolio of EV industry safety solutions. It also offers lithium-ion (li-ion) battery safety sensors, which help gauge potential battery fires. The firm’s suite of personal protective equipment (PPE) and gas detection solutions play a crucial role in safeguarding […] Read more
Residential Costs Stayed Flat from 2020 to 2022 & then Declined in 2023: NREL Updated On Fri, Oct 27th, 2023 by Saurenergy The National Renewable Energy Laboratory (NREL) has released its annual report on ‘U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks.’ The report tracks the solar cost trends to support the U.S. Department of Energy Solar Energy Technologies Office. It aims to accelerate the advancement and deployment of solar technology and gives an account of […] Read more