Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more
Servotech, LESSzwei To Bring PV-Powered EV Charging Infrastructure In Germany Updated On Mon, Dec 9th, 2024 by Saurenergy Servotech Power Systems, a Delhi-based EV charger manufacturer, has partnered with LESSzwei GmbH (LESS2), to support the German government’s efforts to develop and deploy 100% solar-powered EV charging infrastructure. These charging stations are designed for micro-mobility vehicles, including e-bikes, e-scooters, and e-cargo bikes, in urban areas of Germany. This project, named “EnerMAAS”, can create a […] Read more
ReNew Commissions 750 MW Projects In Rajasthan Updated On Mon, Dec 9th, 2024 by Saurenergy Sumant Sinha led ReNew has announced the commissioning of 750 MW of a ~1 GW solar project in Rajasthan. The project is being constructed using solar panels manufactured by ReNew in Jaipur, Rajasthan, and Dholera, Gujarat, as part of the Make in India initiative. As part of the project, ReNew has partnered with the Solar […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
Fraud Row: SECI Withdraws Curbs Against Reliance Power Updated On Wed, Dec 4th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […] Read more
SECI’s 9.29 GW Of Renewable Projects Still Await Buyers Updated On Tue, Dec 3rd, 2024 by Saurenergy The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […] Read more
Top 5 Projects of Resurging CSP Technology In The Middle East Updated On Fri, Nov 29th, 2024 by Saurenergy Renewable energy is a trending topic in the energy world, and solar energy has emerged as the leading source of green power so far. While various technologies have evolved and are being used to harness infinite solar power, concentrated solar power (CSP) is among the most widely used technologies worldwide, especially in regions with high […] Read more
News In Brief Nov 29: Masdar Closes Deal, ADB & Gulf Sign $820 Mn Deal, UK Initiates RE Project In Philippines Updated On Fri, Nov 29th, 2024 by Saurenergy Masdar Closes Deal to Acquire TERNA Energy To Supercharge Growth In Greece And Eastern Europe UAE-based Abu Dhabi Future Energy Company PJSC – Masdar recently completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders and received all regulatory approvals. The deal, agreed […] Read more