US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report Updated On Thu, Dec 5th, 2024 by Saurenergy The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […] Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA Updated On Wed, Dec 4th, 2024 by Saurenergy The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […] Read more
Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data Updated On Wed, Dec 4th, 2024 by Saurenergy Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme. Union Minister for Heavy Industries and Steel HD […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge Updated On Wed, Dec 4th, 2024 by Saurenergy From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […] Read more
Lectrix EV Unveils NDuro At A Starting Price of Rs 59,999 Updated On Tue, Dec 3rd, 2024 by Saurenergy Lectrix EV, the e-mobility arm of SAR Group, launched its electric scooter, NDuro today in New Delhi. The unveiling event was hosted by Pritesh Talwar, President, Lectrix EV, in the presence of SAR Group’s Founders, Rakesh Malhotra Navneet Kapoor, and Lectrix EV Co-founder, Anil Dua. “The NDuro electric scooter boasts of a sleek, sporty design tailored […] Read more
Equinix, Sembcorp Sign PPA To Develop 58.5 MWp Solar Project Updated On Tue, Dec 3rd, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company, today signed its second renewable energy Power Purchase Agreement (PPA) with Sembcorp Power Pte. This project in Singapore with Sembcorp’s subsidiary is the second PPA. This collaboration provides Equinix solar project 58.5 MWp maximum capacity from JTC’s properties on Jurong Island. The project will start in 2029. This accounts […] Read more
