Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
Polysilicon Makers Signal Tough Times, Count On N-Type Dominance Updated On Tue, Apr 30th, 2024 by Saurenergy With Chinese polysilicon major Daqo New Energy announcing its Q1 results, the picture from a clutch of leading polysilicon makers has cleared a bit. For starters, prices are unlikely to go up significantly, pointing to a period of relative stability at best, or slight increases in eventual solar module costs. Among Daqo New Energy, OCI […] Read more
Waaree Energies Secures 400 MW PV Supply Contract From GIPCL Updated On Mon, Apr 29th, 2024 by Saurenergy Waaree Energies Limited, India’s leading solar PV modules manufacturer, recently received a reception of a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for a 400 MW module supply deal. The contract entails the supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, […] Read more
Nordex Group Appoints Manav Sharma As CEO Business in North America Updated On Mon, Apr 29th, 2024 by Saurenergy Nordex Group has appointed Manav Sharma as CEO of the business in North America, with effect from 1st June. Mr. Sharma has a long-standing experience of 16 years within the industry, having already served in various senior management positions before joining Nordex. Before his current role as the Nordex Group’s Chief Transformation Officer, in his […] 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 Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
Manager – Product Management Updated On Thu, Apr 25th, 2024 by Saurenergy Responsibilities Product Strategy and Roadmap: Develop and execute a comprehensive product strategy and roadmap for renewable energy products, aligned with business objectives and market trends. Overall Product Management: Benchmark, Cost, Price, Reliability , Performance , Warranty , Generation, LCOE of projects w.r.t Module performance. Assess the Market Demand for each Product Variant. Market Research and Analysis: Conduct market […] 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
Grew Energy’s 200 MW Module Contract From SECI To Support Market Building Updated On Thu, Apr 25th, 2024 by Saurenergy Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules. Grew Energy has been domestically manufacturing solar cells […] Read more
