200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac Updated On Tue, Feb 1st, 2022 by Saurenergy Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac) indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […] Read more
White House Mulls Extension of Trump-era Solar Tariffs, with Tweaks Updated On Mon, Jan 31st, 2022 by Saurenergy The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for domestic installers to access supplies, according to two sources familiar with the administration’s thinking. The plan represents an attempt by U.S. President Joe Biden’s administration to find common ground between two important […] Read more
With Successful Shanghai Listing of Subsidiary, Jinko Solar Well Placed for Future Growth Updated On Thu, Jan 27th, 2022 by Saurenergy China’s Jinko Solar, one of the largest module manufacturers worldwide, has successfully listed its subsidiary firm, Jianxi Jinko on Shanghai’s Sci Tech Innovation Board (STAR market). The subsidiary, Jianxi Jinko, in fact saw its stock price more than double on day 1 of trading. It had issued 2 billion shares at RMB 5.00, or $0.79, […] Read more
RenewSys Takes Solar Encapsulant Capacity to 3GW Updated On Tue, Jan 25th, 2022 by Saurenergy Mumbai-based RenewSys India has commissioned a new encapsulant (EVA & POE) line this month, taking the company’s total encapsulant manufacturing output to 3 GW, according to a recent press statement. The addition of yet another GW of encapsulant production capacity has also begun, which will ramp up the total capacity to 4 GW, the statement adds. […] Read more
Renew Power, Fourth Partner In Deal For On Site Solar Assets? Updated On Sat, Jan 22nd, 2022 by Saurenergy Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […] Read more
Solar Module Making Capacity Set to Soar 400% by FY25: Crisil Updated On Fri, Jan 21st, 2022 by Saurenergy India’s solar module manufacturing capacity is set to rise by almost 400 per cent by fiscal 2025, compared with fiscal 2021, said ratings agency Crisil. The trend will be supported via strong demand, favourable policies, likely improvement in energy efficiency, and price competitiveness, it said. Besides, with the government supporting domestic manufacturers through policy measures, […] Read more
President/Business Head – Solar Business Updated On Thu, Jan 20th, 2022 by Saurenergy We are a fast-growing company focused on the energy storage (lead acid and lithium- ion batteries), electric mobility and solar equipment space. We are looking for senior industry professionals (or existing entrepreneurs) from Power Electronics domain who are willing to take an entrepreneurial route and lead our new business segment focused on manufacturing and sales […] Read more
Aussie Solar Start Up 5B Feels the Need for Speed: ARENA Updated On Wed, Jan 19th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $14 million in funding for 5B to accelerate the automation of its innovative utility scale solar array, 5B Maverick. Launched in 2017, the 5B Maverick is a modular, prefabricated solar array that can be built and pre-wired in a factory and […] Read more
