EU To Withdraw From Probe Into Chinese Solar Park Construction Updated On Tue, May 14th, 2024 by Saurenergy Earlier this year, the United States (US) and European Union (EU) Commission announced launching an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. The Chinese suppliers offered cheap turbines and generous finance which distorts […] Read more
US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding Updated On Tue, May 14th, 2024 by Saurenergy US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
LONGi Sets New Record In Silicon Solar Cell Efficiency Updated On Thu, May 9th, 2024 by Saurenergy LONGi Green Energy Technology Co. announced that the company has broken another world record for silicon solar cell efficiency only four months after it last set a world record in this area on May 7. As certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the new silicon heterojunction back-contact (HBC) solar cells designed […] Read more
L&T Bags Orders For Two Floating Solar Project Worth 150 MWac, 120 MW Ground Mounted Project Updated On Wed, May 8th, 2024 by Saurenergy Larsen & Toubro’s (L&T) power transmission and distribution (PT&D) business has won multiple orders in India and abroad. The business has bagged orders to establish two floating solar plants in India. The orders secured by L&T comprise a cumulative floating solar capacity of more than 150 MWac, in addition to a ground-mounted solar PV of […] Read more
JSW Energy Q4 Results- Renewables Pipeline Climbs to 3.4 GW, WTG Manufacturing In Works Updated On Wed, May 8th, 2024 by Saurenergy JSW Energy Limited reported its results for the quarter (“Q4 FY24” ) and the financial year FY24 ended March 31, 2024, on May 7. FY2024 – Delivering Sustainable Growth JSW Energy delivered a strong performance in FY24, achieving the highest-ever EBITDA of ₹5,837 Crore. The company made significant strides towards the outlined target of 20 […] Read more
Sunkind Energy Secures 10 MW Solar Projects In Northern India Updated On Tue, May 7th, 2024 by Saurenergy Solar EPC company Sunkind Energy has secured five solar rooftop projects. According to a statement by the company, Sunkind Energy has received orders for the projects in North India. The total capacity of projects that the company has received is 10 MW in states like Punjab, Haryana, Rajasthan, and Chhattisgarh. Hanish Gupta, Founder and CEO […] Read more
