Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more
Solar Panel Recycling Market Size Worth $477.74 Million By 2032: Polaris Updated On Tue, Oct 3rd, 2023 by Saurenergy Polaris has released its market report on the status of the global solar panels recycling market. The report is entitled, “Solar Panel Recycling Market Share, Size, Trends, Industry Analysis Report, By Type (Silicon, Monocrystalline, Polycrystalline, Thin-film); By Process; By Shelf Life; By Region; Segment Forecast, 2023-2032”. It gives an insight into the current market and […] Read more
YoY Increase of 36% in Annual Solar Capacity Additions Needed to Meet NEP14’s FY ’27 Goal Updated On Tue, Oct 3rd, 2023 by Saurenergy EMBER India- an independent energy think tank, has released a report on solar adoption in Indian states. The report findings are as follows NEP Targets The report indicates the need for states to increase their annual capacity addition by around 36% every year to meet NEP target for solar. The NEP14 outlines specific targets of […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
Haryana Issues Norms To Award Entities Opting For Solar Power Updated On Mon, Sep 25th, 2023 by Saurenergy The Haryana Renewable Energy Development Agency (HREDA) has now issued detailed guidelines to award institutions that use solar power or undertake energy efficiency measures to reduce carbon emissions. These awards have been planned for the industries and MSME sector having loads below 1 MW capacity and those above 1 MW capacity. The department has also planned these […] Read more
Enfinity Global Acquires 546-MW Of Solar Assets Updated On Fri, Sep 22nd, 2023 by Saurenergy American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […] Read more
RE+ Las Vegas- Solar Shines Brightest In the US Updated On Tue, Sep 19th, 2023 by Saurenergy At the recently concluded RE+ show in the US, the largest such show for renewable energy, particularly solar in that country, the response was massive. That is understandable, considering the fact that the US is well on its way to having a blockbuster 2023 in terms of new solar capacity additions. 32 GW is set […] Read more
Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months Updated On Mon, Sep 18th, 2023 by Saurenergy New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year. Fossil fuels generated 34 […] Read more