415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals Updated On Thu, Sep 5th, 2024 by Saurenergy The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […] Read more
H1 Results: Trinasolar Ships 34 GW Solar Modules Globally Updated On Tue, Sep 3rd, 2024 by Saurenergy Global solar module manufacturing company Trinasolar has now published its financial report for the first half (H1) of 2024-25. The company reported a revenue of $6.047 billion and net profit attributable to the parent of $74.058 million during this period, the firm said. The green Chinese company said that over the six months, the company […] Read more
InterSolar South America: Sungrow Celebrates 20 GW Milestone Updated On Thu, Aug 29th, 2024 by Saurenergy Sungrow, a global solar inverter and energy storage system provider, presented its latest innovations in solar, storage, and EV charging at Intersolar South America, held from August 27-29, 2024. During the expo, Sungrow announced reaching a significant milestone of 20 GW in cumulative contracted inverter orders across Latin America. With supportive policies, growing investments, and […] Read more
Winding Up: Global Offshore Wind Installations To Surpass 520 GW by 2040 Updated On Fri, Aug 23rd, 2024 by Saurenergy Global offshore wind projects are set to defy all predictions of doom and gloom, based on energy research firm Rystad’s Predictions. Offshore wind energy, which has been in the news in recent months for all the wrong reasons, be it inflationary pressures, supply chain disruptions, exemplified by postponed permitting processes, delayed auctions and slow supply […] Read more
Arctech Grows With 131% In Global Solar PV Tracker Market Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Arctech has now emerged as the only company among the world’s top 5 solar tracker suppliers to achieve an annual growth rate of 131%, according to the 2024 Global PV Solar Tracker Market Share Report published by Wood Mackenzie, the firm said today. Arctech is a provider of solar tracking, racking, […] Read more
Will Europe Give In To Rising Dominance of China in Global Wind Energy? Updated On Tue, Jul 23rd, 2024 by Saurenergy Wind energy is arguably the second most impactful industry in the global renewable world, after solar. The sector continued its impressive growth in 2023, setting a new record for global new wind turbine installations, 34 per cent higher than in 2022. The world installed added over 116 Gigawatt (GW) of new wind capacity during the […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’ Updated On Fri, May 3rd, 2024 by Saurenergy Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […] Read more
