Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
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
Aiming European & US Markets For Exports: Vinaya Shetty, VP, Havells Updated On Wed, Nov 8th, 2023 by Saurenergy How is Havells India performing in the country with its products? Havells started its journey in the solar energy sector in the year 2016. We slowly progressed in operations like distribution and bagged several projects in the Commercial and Industrial (C&I) segment. We have performed exceptionally well in the last four to five years. We […] Read more
Trina Solar’s 1P & 2P Trackers Have Received Great Response in India Market: Gaurav Mathur, Trina Solar Updated On Mon, Nov 6th, 2023 by Saurenergy Trina Solar, a global solar and smart energy solution provider, has recently received the Bureau of Indian Standards (BIS) certification on its latest N-type solar modules, Vertex N NEG21C.20 and Vertex N NEG19RC.20, which could translate into its expansion in the Indian marker. Gaurav Mathur, Director, Trina Solar India speaks about the trends prevailing at present […] Read more
Tight Power Markets Drive Up Volumes 21% YoY On IEX Updated On Mon, Nov 6th, 2023 by Saurenergy Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis. IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […] Read more
Sungrow Takes Top Spot in BESS Integrator Market in 2022: Wood Mackenzie Updated On Tue, Oct 31st, 2023 by Saurenergy Wood Mackenzie has released a report shedding light on the BESS Integrator market share rankings basis the number of BESS shipments in megawatt-hour (MWh) in 2022. The report finds that the global Battery Energy Storage Systems (BESS) integrator market has grown increasingly competitive in 2022. The top five global system integrators account for 62% of […] Read more
EU PPA Market Shines with 7.8 GW of New RE Contracts To Date Updated On Fri, Oct 27th, 2023 by Saurenergy RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […] Read more
China Dominates 80% of Indian Solar Glass Market: Shreevar Kheruka, VC, Borosil Renewable Updated On Wed, Oct 25th, 2023 by Saurenergy How did the anti-dumping import provision waiver affect Borosil Renewable or other Indian solar glass makers? The anti-dumping duty on the import of solar glass from China went away around a year ago. Since then, the dumping of Chinese solar glass has expanded substantially in the country. Chinese players control over 80 percent of the Indian solar […] Read more
Solar the Star In Volatile Australian Electricity Market Updated On Mon, Oct 23rd, 2023 by Saurenergy As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […] Read more
