EU Solar Market Faces Challenges From China and US: ESIA Report Updated On Wed, Nov 8th, 2023 by Saurenergy The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing. The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […] Read more
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
We Can Enter The C&I Inverter Segment Too If We Find The Market Suitable: Dipen Patel, Green Brilliance Updated On Thu, Nov 2nd, 2023 by Saurenergy Green Brilliance, a solar module manufacturer based out of Gujarat, has been into the manufacturing sector for the past 50 years. It also manufactures various types of current transformers, PTs, CRTs, and CSS which cater to the solar industry as well as the general electrical industry. Dipen Patel, Director, Green Brilliance talks to Saur Energy […] Read more
Solar Exports From India to USA Will Keep Rising Till 2025: IEEFA Updated On Mon, Oct 30th, 2023 by Saurenergy A study by the Institute for Energy Economics and Financial Analysis (IEEFA) states that India’s solar photovoltaic (PV) module exports to the United States of America (the U.S.) are likely to keep rising for another couple of years before stagnating from 2025 and declining from 2027. It adds that following the implementation of the Inflation Reduction […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
EV Maker Ola Takes Home INR 3,200 in Fundraising Round Updated On Fri, Oct 27th, 2023 by Saurenergy Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […] Read more
Is Solar Trumping Wind, Again? Updated On Fri, Oct 27th, 2023 by Saurenergy Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […] Read more
Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC Updated On Thu, Oct 26th, 2023 by Saurenergy The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […] Read more
IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
