India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
Boralex To Commence 125 MW Oxford BESS In Canada Updated On Fri, May 10th, 2024 by Saurenergy Boralex Inc. has announced the selection of the Oxford Battery Energy Storage project totalling 125 MW of nameplate capacity. This project was selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP). This project adds to Boralex’s existing battery energy storage project portfolio which includes the 300 MW […] Read more
Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K Updated On Fri, May 10th, 2024 by Saurenergy Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency solar modules and […] 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
SMA 2024 Fiscal Year Sales: Profitability In Line With Expectations Updated On Thu, May 9th, 2024 by Saurenergy Germany-based SMA Solar Technology AG completed the first quarter of 2024 which the company claims lines with their expectations. The group sales totalled €361.8 million and were thus at the same level as the previous year (Q1 2023: €367.2 million). SMA said in a statement, “As expected, sales in the home solutions and commercial & […] Read more
Africa’s Solar Challenges: Massive Untapped Potential Shows Up Tiny Production Updated On Thu, May 9th, 2024 by Saurenergy With nearly one-fifth of the world’s population today, Africa accounts for less than 3% of the world’s energy-related carbon dioxide emissions to date and has the lowest emissions per capita of any region. But still, Africans are facing the worst consequences of climate change in the world due to several reasons. Following that, Africa also […] Read more
News In Brief May 9- i2Cool Funding, Risen Energy Financials Updated On Thu, May 9th, 2024 by Saurenergy Radiative Cooling Solutions Firm i2Cool Attracts HKD100 Million in Series A Financing i2Cool, a company specializing in electricity-free cooling technology, has attracted nearly HKD100 million (USD13.8 million) in its Series A round financing from Trustar Capital (the private equity investment business under CITIC Capital Holdings Limited), Future Times Technology Holding Company Limited, The Hong Kong and China Gas Company Limited, […] 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
