US Continues to Break Storage Records, With 5.5 GWh Added In Q2 2023 Updated On Wed, Sep 27th, 2023 by Saurenergy A report from Wood Mackenzie and the American Clean Power Association states that the U.S. added 5,597 MWh of energy storage in Q2 2023, a new quarterly record. The storage boom has been fueled by a sharply rising share of renewable energy, as well as incentives at state level as well as now, through the […] Read more
RE+ Las Vegas- Solar Shines Brightest In the US Updated On Tue, Sep 19th, 2023 by Saurenergy At the recently concluded RE+ show in the US, the largest such show for renewable energy, particularly solar in that country, the response was massive. That is understandable, considering the fact that the US is well on its way to having a blockbuster 2023 in terms of new solar capacity additions. 32 GW is set […] Read more
Trina Solar To Set Up US Plant To Hedge Against Tariff Risks Updated On Mon, Sep 18th, 2023 by Saurenergy Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in the US, a key export market. Earlier, Trina has also […] Read more
US On Course For Record 32 GW Solar Capacity Additions in 2023 Updated On Fri, Sep 8th, 2023 by Saurenergy A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
The Unicorn In Solar Market : Zetwerk’s Story Updated On Thu, Aug 31st, 2023 by Saurenergy Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Israel’s Big Move- Mandatory Rooftop Solar Panels Updated On Wed, Jun 21st, 2023 by Saurenergy With a lot of sun-hours, yet too little space, Israel faces an obvious challenge to build large utility scale solar. To support the growing population and at the same time meet its goal of using a 30 per cent renewable share in total electricity capacity by 2030, Israel will soon require all new non-residential buildings […] Read more
