Brookfield Renewable Reports Record Q1 FFO Despite Net Loss Updated On Tue, May 6th, 2025 by Saurenergy Brookfield Renewable Partners L.P. (BEP) reported Funds From Operations (FFO) of $315 million, or $0.48 per unit, for the quarter ended March 31, 2025. The company said FFO rose 15 percent year-on-year when adjusted for strong hydro generation in the prior year. Overall, FFO per unit increased 7 percent, supported by inflation-linked cash flows, portfolio […] Read more
LG Energy, Derichebourg Form Battery Recycling JV In France Updated On Tue, Apr 29th, 2025 by Saurenergy LG Energy Solution announced plans to establish a joint venture with Derichebourg, the French metal waste recycling company, to build a battery recycling plant. The construction will begin in 2026 in Bruyères-sur-Oise, located in the Val-d’Oise region of northern France and the operations are scheduled to commence in 2027. The new plant will specialize in […] Read more
Solis Marks 20 Years with Major Launches at Intersolar Europe Updated On Mon, Apr 28th, 2025 by Saurenergy Global solar inverter manufacturer Solis will celebrate its 20th anniversary at Intersolar Europe 2025 with the global launch of what it claims is the world’s largest wall-mounted hybrid inverter and a new AI-powered energy management assistant. Founded in 2005 in Ningbo, China, Solis has grown into one of the world’s leading inverter brands, with over […] Read more
2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions Updated On Wed, Apr 16th, 2025 by Saurenergy Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […] Read more
Tracker Firm Arctech Secures 125MW Solar Project in Bosnia & Herzegovina Updated On Tue, Jan 14th, 2025 by Saurenergy Arctech, a solar tracking and racking solutions provider, recently signed a supply agreement with NORINCO International, part of China North Industries Corporation. Under this agreement, Arctech would supply its 1P single-axis solar tracking system SkyLine II for a 125 MW solar project. The project is located near Stolac, Bosnia and Herzegovina (BiH), marking a milestone […] Read more
Solar Energy Trends in 2025-The View From Europe Updated On Tue, Dec 24th, 2024 by Saurenergy A tsunami of cheap Chinese solar panels flooding Europe, an increasing taste for rooftop solar and a boom for small, medium and large-scale battery storage. These are the three strongest trends in solar energy as we move into the new year. I have predicted global solar and renewable trends for the past ten years. Most […] Read more
EMBER Report Says Transatlantic Interconnection Could Be Cheaper Than Nuclear, Hydrogen Updated On Tue, Dec 17th, 2024 by Saurenergy Transatlantic interconnection could be a valuable tool for achieving cheaper energy prices, improving supply security, and advancing decarbonization. Despite the high capital costs, it may prove more cost-effective than other options such as nuclear and hydrogen. According to EMBER research, transatlantic interconnection could help both North America and Europe achieve a more secure and efficient […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
