UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
Trina Solar Consolidates Australian Market Presence with 1 GW Solar MoU Updated On Fri, Nov 17th, 2023 by Saurenergy Solar panel manufacturer Trina Solar has joined hands by way of a Memorandum of Understanding (MoU) Solar Juice, an Australian solar distributor. The MoU will pave the way or Solar Juice to procure 1 GW of Trina Solar Vertex modules across a span of three years. The China-based firm will further cement its position in […] Read more
JinkoSolar Solar Panel Delivery Reaches 200 GW Mark Updated On Thu, Nov 16th, 2023 by Saurenergy One of the largest module manufacturers in the world, JinkoSolar solar panel delivery has reached the landmark of 200 GW globally. As per the firm, this indicates that one of every eight panels installed on the earth today is a JinkoSolar solar panel. JinkoSolar said its “exponential growth” was the result of its strong focus […] Read more
Chinese Module Majors Feel The Pinch From Module Price Drop Updated On Thu, Nov 16th, 2023 by Saurenergy As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […] Read more
Indore-Based EKI Power Gets Nod For ISTS Power Trading Licence Updated On Wed, Nov 15th, 2023 by Saurenergy Indore-based EKI Power Trading Limited today received approval for a licence from the Central Electricity Regulatory Commission (CERC) for commencing transmission of power under the Inter-State Transmission System (ISTS). The decision from the central commission came when the firm moved the CERC seeking its approval for a licence of electricity transmission. The company was incorporated […] Read more
CERC Asks Karnataka SLDC To Compensate RE Generator For Curtailment Updated On Wed, Nov 15th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement asked the Karnataka State Load Despatch Centre (SLDC) and other respondents in the case to compensate two solar power generators for curtailment. The order came to the fore when the generators moved to the central commission seeking compensation against the curtailment of renewable power due to orders […] Read more
Suzlon Sees Increased Demand Behind Its Surged EPC Business Updated On Wed, Nov 15th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon claimed that the increased demand in the wind energy market and the wide range of services rendered by the company led to its increase EPC market. The information was shared by the top officials at the recent investors call. “..more is coming in because of the demand from the market. […] Read more
Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy India’s total installed capacity of solar power has touched 72 GW. The updated energy data from the Ministry of New and Renewable Energy (MNRE) was shared on its website. The MNRE data states that the largest capacity came from ground-mounted solar. The latest data said that the Ground-mounted solar capacity stood at the highest of 55 GW. The biggest beneficiary state […] Read more
