Inverter Major Sungrow Overtakes Longi By Market Cap Updated On Thu, Apr 25th, 2024 by Saurenergy Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of […] Read more
Grew Energy’s 200 MW Module Contract From SECI To Support Market Building Updated On Thu, Apr 25th, 2024 by Saurenergy Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules. Grew Energy has been domestically manufacturing solar cells […] Read more
EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025 Updated On Wed, Apr 24th, 2024 by Saurenergy Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […] Read more
Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA Updated On Wed, Apr 24th, 2024 by Saurenergy International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […] Read more
TotalEnergies Begins Construction of 12 MW Solar Project at New York’s JFK Airport Updated On Wed, Apr 24th, 2024 by Saurenergy TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, […] Read more
MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI Updated On Tue, Apr 23rd, 2024 by Saurenergy Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […] Read more
Scatec Launches 540 MW Kenhardt Solar Farm In South Africa Updated On Tue, Apr 23rd, 2024 by Saurenergy Scatec has recently launched the Kenhardt project totalling 540 MW solar and 225 MW/1,140 MWh battery storage in South Africa. The Scatec project is touted to be one of the world’s largest hybrid solar and battery storage facilities. The Sactec project was awarded by the Department of Mineral Resources and Energy in South Africa under […] Read more
SECI Issues Bid For 20 MW Solar Plant With BESS In Leh Updated On Tue, Apr 23rd, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has issued a tender inviting bids for design, engineering, supply, construction, erection, testing, commissioning, and operation and maintenance (O&M) of a 25 MW solar power project with a 20 MW/50Mh battery energy storage system at Taru, Leh in Ladakh. According to the tender document issued by SECI, the scope […] Read more
Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition Updated On Tue, Apr 23rd, 2024 by Saurenergy Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […] Read more
