Boviet Solar Announces 2 GW Expansion For TOPCon Plant In The US Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese materials manufacturing group Boway Group, which owns Vietnam based Boviet Solar in the solar manufacturing space, has announced plans for a 2 GW expansion at its US . The TOPCon cell manufacturing facility will be located in Greenville, Pitt County, North Carolina. Founded in 2013 in Vietnam, Boviet Solar is a Tier 1 solar […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
US Solar Manufacturers File Case Against China’s Alleged Illegal Trade Practices In SE Asia Updated On Thu, Apr 25th, 2024 by Saurenergy American Alliance for Solar Manufacturing Trade Committee of US solar manufacturers represented by DC law firm Wiley Rein LLP, filed a set of antidumping and countervailing duty petitions with the US International Trade Commission (USITC) and the US Department of commerce. The companies subject to this investigation would be primarily Chinese-headquartered companies. The move comes […] Read more
China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study Updated On Thu, Apr 25th, 2024 by Saurenergy A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by fossil fuels to one where renewable power plays a key […] Read more
Inverter Major Sungrow Overtakes Longi By Market Cap Updated On Thu, Apr 25th, 2024 by Saurenergy Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of […] Read more
Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA Updated On Wed, Apr 24th, 2024 by Saurenergy International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […] Read more
Powered By Solar Demand, The Silver Institute Makes Case For Faster Silver Price Growth Updated On Wed, Apr 24th, 2024 by Saurenergy US based The Silver Institute, in its annual report on the Silver market, has made the case for a faster rise in Silver prices, arguing that not only is the metal a high beta version of gold, but market conditions are also converging to drive up prices further. Chief among these is demand from solar […] Read more
Green Stocks In Green: Sterling and Wilson Renewables Surges To 52-Week High Updated On Tue, Apr 23rd, 2024 by Saurenergy Shares of almost all the clean energy firms witnessed a jump albeit minor. To begin with, shares of Sterling and Wilson Renewable did see a minute increase in its prices which attained the level of 52-week high price. Waaree Renewable Technologies Ltd on the other hand had a 5 percent increase and so does KPI […] Read more
Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US Updated On Tue, Apr 23rd, 2024 by Saurenergy The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […] Read more
