Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL Updated On Tue, Nov 21st, 2023 by Saurenergy Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […] Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy India’s total installed capacity of solar power has touched 72 GW. The updated energy data from the Ministry of New and Renewable Energy (MNRE) was shared on its website. The MNRE data states that the largest capacity came from ground-mounted solar. The latest data said that the Ground-mounted solar capacity stood at the highest of 55 GW. The biggest beneficiary state […] Read more
France Awards 1.5 GW Solar Capacity, Largest Ever Updated On Wed, Oct 4th, 2023 by Saurenergy Europe’s largest energy exporter France has finally awarded 1.5GW of ground-mounted solar PV capacity in its latest and largest such auction. Conducted under the Programmation Pluriannuelle de l’Energie (PPE) scheme that focuses on renewable energy, the auction attracted some of the lowest bids ever seen in the country too. 129 projects were declared successful with […] 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
China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023 Updated On Wed, Sep 13th, 2023 by Saurenergy China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […] Read more
US On Course For Record 32 GW Solar Capacity Additions in 2023 Updated On Fri, Sep 8th, 2023 by Saurenergy Read more
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
4GW Rooftop Solar Capacity In India Likely By 2024 End: IEEFA Report Updated On Fri, Sep 1st, 2023 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claimed that India’s rooftop solar market is likely to add a record 4 Gigawatt (GW) of capacity in the fiscal year of 2024. The report claimed that the sector is on its way to overcoming several major roadblocks. […] Read more
