IEX Year End Review: DAM Prices Witness A Decline In FY24 Updated On Thu, May 16th, 2024 by Saurenergy Indian Energy Exchange (IEX) in its audited financial results for the fourth quarter & year ended March 31, 2024, found a total volume in FY24 to reach 110.1 BU which is a 13.7% YoY increase. In the audited standalone IEX financial results for the fourth quarter and financial year ending March 31, 2024, the company reported an increase in its revenue in FY’24 at Rs.550.8 […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
Green Stocks: KPI Energy, Waaree Buck Market Trend To See Prices Jump Updated On Tue, May 7th, 2024 by Saurenergy In the last one day four out of nine green energy stocks witnessed a jump while the majority of them reported a slump. Borosil Renewable, Waaree Renewable Technologies, KPI Green Energy and Shakti Pumps remained the only green firms in the list which reported a positive growth in their share prices. KPI Green Energy reported […] Read more
Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe Updated On Fri, Apr 19th, 2024 by Saurenergy Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […] Read more
Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
Tata Motors Cuts EV Prices Amid Softening Of Battery Rates Updated On Tue, Feb 13th, 2024 by Saurenergy Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors today announced that the company is slashing the prices of two of its EVs – Nexon.ev and Tiago.ev. The company said that it is reducing the prices with the objective of making EVs more accessible to Indian customers. Further, Tata Motors has reduced the […] Read more
CubicPV Blames Collapsing Prices To Abandon 10GW Solar Wafer Plant In US Updated On Fri, Feb 9th, 2024 by Saurenergy US solar cell and module manufacturer CubicPV has abandoned its plans for a 10GW solar wafer manufacturing facility in the US and is “restructuring” its business to focus on its tandem technology module development. Plans for the 10 GW facility to manufacture wafers using CubivPVs core silicon and perovskite technologies to provide semiconductor combination for […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
