10 Indian Companies Plan To Set Up Gigafactories In India Updated On Tue, Mar 4th, 2025 by Saurenergy The Volta Foundation in its latest 2024 report, based on its Gigafactory track, has identified 10 Indian companies planning major expansions in India’s battery sector. Some of the key players include Reliance in Gujarat (50 GWh), Amara Raja in Telangana (16 GWh), Exide in Karnataka (12 GWh), Godi in Hyderabad (12 GWh), OLA in Tamil […] Read more
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
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
Australia, Brazil, And India Rank Among Top Five With Renewable Potential Updated On Wed, Feb 19th, 2025 by Saurenergy RatedPower’s, 2025 Global Renewable Trends Report reveals a high confidence in the future of renewables, with storage, solar, and green hydrogen as key growth areas over the next five years. RatedPower is a part of Enverus, an energy-dedicated SaaS company that leverages generative AI in its solutions. According to the respondents it surveyed, the U.S., […] Read more
Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25 Updated On Tue, Feb 18th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […] Read more
Retired Wind Turbine Blades To Be Used For Road Construction Updated On Mon, Feb 17th, 2025 by Saurenergy A Chinese research team has developed an innovative technology to repurpose aging wind turbine blades, offering a sustainable solution to the growing challenge of decommissioned turbines. After five years of research, the team, led by Tang Zhicheng from the Lanzhou Institute of Chemical Physics under the Chinese Academy of Sciences, has introduced a method that […] Read more
Emerging Nations To Account For 85% Electricity Demand By 2027-IEA Updated On Mon, Feb 17th, 2025 by Saurenergy Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […] Read more
India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn Updated On Wed, Feb 12th, 2025 by Saurenergy Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […] Read more
Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF Updated On Fri, Feb 7th, 2025 by Saurenergy A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […] Read more