Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
SOFAR Emphasizes Presence in South America With Its PV, ESS Portfolio Updated On Thu, Aug 31st, 2023 by Saurenergy Energy solutions company SOFAR presented its latest innovations covering residential, C&I and utility applications at the Intersolar South America 2023. This platform is one of the largest and most influential exhibitions for South America’s renewable energy industry. SOFAR introduced the 40-75KTLX-G3-LV series three-phase low-voltage C&I inverter specialized for the Brazilian market, which caters to the needs […] Read more
5.2m Solar Kits Sold Globally In 2nd Half Of 2022: ISA Tells SAFDE Updated On Thu, Aug 24th, 2023 by Saurenergy The International Solar Alliance (ISA) said that 5.2 million solar kits were sold globally during the first half of 2022, hinting at the industry’s growth worldwide. Ajay Mathur, Director General (DG) of the ISA, furnished the information at the South Asia Forum for Distributed Energy (SAFDE) event held in New Delhi. “In the past year, […] Read more
Global Inverter Market Remains Top Heavy In 2022, Solis Moves To No 3 Updated On Tue, Aug 22nd, 2023 by Saurenergy It’s concentrated at the top, when it comes to the Global Inverter market. The top 10 players accounted for 86% of all shipments, continuing their iron grip over the market. These are the findings from Wood Mackenzie’s global inverter report for 2022. Solis Inverters (the company), which has emerged as a global powerhouse in the […] Read more
SVOLT Expands Global Footprint with Battery Module and Pack Plant in Thailand Updated On Wed, Jul 12th, 2023 by Saurenergy SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has begun setting up a plant in Thailand for the assembly of battery modules and packs for electric and hybrid cars. Completion is scheduled for this year. The firm has begun the construction of a module and pack factory at Sri Racha […] Read more
CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion Updated On Mon, Jun 26th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] 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
South Africa Releases Its Largest Renewable Energy Tender of 3,740 MW Capacity Updated On Fri, Apr 28th, 2023 by Saurenergy In a first such tender for the country on African continent, South Africa has issued its first large-scale tender aimed at procuring renewable energy. With a capacity of 3,740 MW, this is the continent’s biggest program on renewable energy. This is the release of the first phase of the RFP (Request for Proposal). The tender […] Read more
