Danish Wind Energy Component Maker Polytech Opens India Manufacturing Facility Updated On Fri, Apr 29th, 2022 by Saurenergy Polytech is establishing a facility in Bangalore, India. The facility will open in early Q4 2022. India is the third fastest growing wind market in the world with approximately 60 GW new capacity to be installed by 2030 (projected by Wood Mackenzie, 2021). This projection fits in well with the Indian Government’s recent announcement on […] Read more
New single-axis solar tracker can follow sloped, uneven, challenging terrain Updated On Wed, Mar 23rd, 2022 by Saurenergy Nextracker™ has launched NX Horizon-XTR, a terrain-following, single-axis tracker designed to expand the addressable market of solar power on sites with sloped, uneven, and challenging terrain. The company began deployment and empirical testing of NX Horizon-XTR at utility scale three years ago, working closely with customers that faced capital expense and construction challenges on project […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022 Updated On Tue, Jan 18th, 2022 by Saurenergy A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […] Read more
These 5 Solar Projects In China Demonstrate It’s Leadership Like Little Else Updated On Mon, Jan 10th, 2022 by Saurenergy It is no secret that China has virtually built and led the global solar push in the past decade. Firms from the country today supply or control over 70% of global supplies in solar power. While these manufacturers continue to expand and are on track to churn out record profits this year, we take a […] Read more
Koch Invests $150 million in GameChange Solar Updated On Fri, Dec 17th, 2021 by Saurenergy GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
The US Doubles Down On Energy Storage Capacity Updated On Mon, Dec 13th, 2021 by Saurenergy The market for energy storage in US is making big strides, driven by the record growth in the past year even though Covid pandemic upset the momentum of various other industries across the world. Renewable storage market has rather been holding up the country’s economic prospects. Over the year 2020, 1,464 MW/3,487 MWh of new […] Read more
GoodWe To Expand Residential Inverter Production, Received Order of 5000 units Updated On Tue, Jul 13th, 2021 by Saurenergy The Chinese solar PV inverter manufacturer GoodWe has today announced that it has received an order of 5,000 residential inverter units from the Germany-headquartered photovoltaic distributor, Krannich Solar. Hence, the firm will have to ramp up its residential inverter production. With the COVID-19 situation easing across various states, EPC and installers have resumed their projects […] Read more
