Global Battery Deployment Surges 15%, BESS Gains 55% Updated On Tue, Mar 4th, 2025 by Saurenergy 2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […] Read more
Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study Updated On Thu, Feb 27th, 2025 by Saurenergy India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study, Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […] Read more
FDRE Projects Prone To Several Financial Risks, Says EMBER Updated On Tue, Feb 25th, 2025 by Saurenergy A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […] Read more
BESS Deployments In January Over 13 GWh Globally With 94% YoY Rise Updated On Mon, Feb 24th, 2025 by Saurenergy January 2025 proved to be the strongest first month on record for the expanding energy storage market. Over 13 GWh of storage entered operation in the grid market across 81 projects, marking a year-on-year increase of 94%. It also shared an update on the Battery Energy Storage System (BESS) deployment during this period. Rho Motion […] Read more
Laos, India, And US Made Modules Exhibit Highest Defect Rates-Kiwi Research Updated On Fri, Feb 21st, 2025 by Saurenergy The latest report by Kiwi Research, claims that Modules made in Laos, India, and the U.S. exhibit the highest module defect rates, exceeding 8% (percentages are per batch of PSI samples). The report drew this conclusion based on defect rates observed during PSI across various manufacturing countries. The study stated, “This trend can be attributed […] Read more
Brazil’s Solar Growth Soars, Eyes 200 GW by 2050 Updated On Fri, Feb 21st, 2025 by Saurenergy Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […] Read more
Only 30-40% of EV Supply Chain Localized: ICRA Updated On Thu, Feb 20th, 2025 by Saurenergy Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […] Read more
Bifacial Modules Delivered 32% More Power Than Monofacial: Report Updated On Wed, Feb 19th, 2025 by Saurenergy The latest research report by Enverus found an increase in the average rated power capacity per simulation, which reached 340 MW in Q3 2024. It found that countries like Saudi Arabia, Portugal, Australia, and Brazil recorded the highest average rated power capacity per simulation in 2024, followed by Indonesia, South Africa, Chile, and the US. […] Read more
