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
H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors Updated On Mon, Sep 4th, 2023 by Saurenergy While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across the […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] 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
Haryana Renewable Energy Department Awards Order for 7,781 Pumps to Shakti Pumps Updated On Wed, Aug 30th, 2023 by Saurenergy Shakti Pumps has announced receiving its first work order under the KUSUM-3 Scheme from Haryana Renewable Energy Department (HAREDA). The contract is for 7,781 pumps. The work order for the pumps is valued at close to INR 358 crores. This is inclusive of GST. Recently, Shakti Pumps reported a net sale at INR 101.01 crore […] Read more
Sodion Energy, AR4 Tie Up To Launch Sodium-Ion Batteries For India Updated On Mon, Aug 28th, 2023 by Saurenergy Sodion Energy, a leading developer of Sodium Ion Batteries, has now announced its partnership with AR4 Tech, a pioneer in developing and implementing innovative technologies for converting traditional gasoline vehicles to electric. The partnership will enable Sodion Energy to leverage AR4 Tech’s distribution network, bringing safe, reliable and affordable batteries to early adopters, including ARAM, […] Read more
ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations Updated On Wed, Aug 23rd, 2023 by Saurenergy On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […] Read more
Andhra Biggest Beneficiary in India Under Ujala Scheme Updated On Mon, Aug 21st, 2023 by Saurenergy The latest data furnished by the Minister of Power RK Singh claimed that Andhra Pradesh is the biggest beneficiary of the Union government Ujala scheme. This scheme is meant for promotion of energy-efficient LED street lights in the country. The data indicates that Andhra Pradesh tops the list with the highest number of installed LED street […] Read more
Longi Crosses 1 GW Milestone In Middle East, Looks Ahead To Much More Updated On Mon, Aug 21st, 2023 by Saurenergy Chinese solar major Longi has announced the shipping of over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023. The number is a significant milestone for Longi as well as underscoring the high demand and interest in solar solutions for the middle east region. Solar majors have […] Read more
