US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report Updated On Thu, Mar 7th, 2024 by Saurenergy A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […] Read more
IEX December Market Update- Green Market Slide Continues with 60% Drop Updated On Thu, Jan 4th, 2024 by Saurenergy Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […] Read more
Average Power Supply In Rural India Touched 20.6 Hours: RK Singh Updated On Wed, Jan 3rd, 2024 by Saurenergy The Ministry of Power (MoP) data on power availability within the power sector showcased a growth trend in 2023. Union Power Minister RK Singh said that several reforms in the power sector brought several positive results, including reduced AT&C (Aggregate Technical and Commercial) losses. “The AT&C losses in the power sector went down to 15.41% (provisional) […] Read more
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
MERC Increases Net-Metering Benefits For Rooftop Consumer Upto 5MW Updated On Mon, Nov 20th, 2023 by Saurenergy In its latest notification, the Maharashtra Electricity Regulatory Commission (MERC) allowed net-metering benefits for solar rooftop consumers up to 5 MW in Maharashtra. The state commission brought these changes with an amendment to the existing solar rooftop regulation of 2019. The notification amended several provisions of the MERC (Grid Interactive Rooftop Renewable Energy Generating Systems) […] Read more
Aiming European & US Markets For Exports: Vinaya Shetty, VP, Havells Updated On Wed, Nov 8th, 2023 by Saurenergy How is Havells India performing in the country with its products? Havells started its journey in the solar energy sector in the year 2016. We slowly progressed in operations like distribution and bagged several projects in the Commercial and Industrial (C&I) segment. We have performed exceptionally well in the last four to five years. We […] Read more
IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
Solis Touched 1 GW Of Capacity In Indian Utility Sector: Honey Raza Updated On Fri, Oct 13th, 2023 by Saurenergy Inverter brand Solis claims to have expanded its reach in the Indian utility-scale renewable projects. It is in addition to its outreach in the Indian rooftop segment. In a recent interview with Saur Energy, Honey Raza, Business Director of Solis, said that the firm has almost touched 1 Gigawatt (GW) of capacities in the utility-scale and is […] Read more
US Continues to Break Storage Records, With 5.5 GWh Added In Q2 2023 Updated On Wed, Sep 27th, 2023 by Saurenergy A report from Wood Mackenzie and the American Clean Power Association states that the U.S. added 5,597 MWh of energy storage in Q2 2023, a new quarterly record. The storage boom has been fueled by a sharply rising share of renewable energy, as well as incentives at state level as well as now, through the […] Read more
