First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
Developing Countries Yet To Explore Critical Minerals: IRENA Report Updated On Thu, Jul 13th, 2023 by Saurenergy A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’. The report said that developing countries with higher reserves […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Need A PLI Scheme For Grid-Scale Storage Systems: RK Singh Updated On Wed, Jun 21st, 2023 by Saurenergy Union Power Minister RK Singh publicly batted for starting a dedicated Production Linked Incentive (PLI) scheme for grid-scale storage systems. The statement has opened up speculations about the intention of the government to create a new scheme in this direction. Speaking at a public Delhi, the Minister for New and Renewable Energy said that renewable […] Read more
As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too Updated On Tue, Jun 20th, 2023 by Saurenergy Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […] Read more
Cheaper Than Imports? US Counts On Inflation Reduction Act To Galvanise RE Manufacturing Updated On Tue, Jun 13th, 2023 by Saurenergy Researchers at Dartmouth and Princeton released a report on the estimated impacts the Inflation Reduction Act will have on the US wind and solar industry, including changes in wind and solar manufacturing, labor standards for clean energy workers, job creation, and demand for materials. Specifically, the report explores the impacts of the law’s clean electricity production and investment […] Read more
IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023 Updated On Mon, Jun 5th, 2023 by Saurenergy The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […] Read more
