Aptera raises $40 million for solar electric vehicle production Updated On Mon, Jun 13th, 2022 by Saurenergy San Diego-based Solar Electric Vehicle (SEV) start-up – Aptera – has announced that it has got a fresh funding of $40 million which Aptera will look to employ the money as capital for the production of its solar electric vehicle in the later part of 2022. The official statement of Atera held, “During this historic […] Read more
US Buckles Under Industry Pressure, Suspends Tariff Threat On SE Asia Solar Imports For Two Years Updated On Wed, Jun 8th, 2022 by Saurenergy The White House said on Monday(06/06/2022) that tariffs on solar panel imports from four Southeast Asian countries would be suspended for two years as part of measures to address “the urgent challenge of a changing climate” — but left China out of the deal. SaurEnergy had reported on the probability of the decision earlier on […] Read more
EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings Updated On Fri, May 27th, 2022 by Saurenergy The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […] Read more
Solargis To Power Data Analysis Of Renewable projects for Apex in US Updated On Fri, May 20th, 2022 by Saurenergy Solargis, a leading solar data and software services firm, has provided its high-resolution, granular resource and meteorological data to leading U.S. independent power producer Apex Clean Energy (Apex). The data has been deployed to optimize over 120 of Apex’s solar projects during design, development, and operations – while enabling projects to better integrate advanced technologies […] Read more
New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA Updated On Tue, May 17th, 2022 by Saurenergy A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […] Read more
US probe into solar imports threatens almost 2/3 of planned capacity additions in 2022: Rystad Energy Updated On Wed, May 11th, 2022 by Saurenergy As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Norway-based Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial […] Read more
Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer Updated On Tue, May 10th, 2022 by Saurenergy Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
Borosil to acquire Europe’s largest solar glass maker Interfloat Group Updated On Tue, Apr 26th, 2022 by Saurenergy Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […] Read more
