Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand Updated On Wed, Apr 30th, 2025 by Saurenergy First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […] 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
Troubled REC SiIicon Gets Offer From Hanwha Corporation Updated On Tue, Apr 29th, 2025 by Saurenergy Norwegian silicon maker REC Silicon has received a lifeline after years of financial troubles, but not without buyout some controversy. The Korean Hanwha Corporation and Hanwha Solutions, the entities with the highest shareholding in REC Silicon, have offered to buy out all other shareholders at NOK2.2 (US$0.21) per share through a newly established company, Anchor […] Read more
BW ESS, Ingrid Ink SEK 628 Mn Loan For 211 MW BESS Project In Sweden Updated On Mon, Apr 28th, 2025 by Saurenergy BW ESS has secured a SEK 628m green loan agreement with Nordea Bank for its 211MW/211MWh portfolio of operational battery storage assets in Sweden, owned in partnership with Ingrid Capacity. The transaction is BW ESS’ first external financing and is understood to be one of the largest battery energy storage system (BESS) financing in the […] Read more
25% Of US Clean-Tech Funds At Risk Of Repeal Under Trump: Report Updated On Mon, Apr 28th, 2025 by Saurenergy In the United States (US) 76% of global clean-tech factory investment in 2024 supported manufacturing in mainland China, far surpassing other markets despite efforts by governments to promote “onshoring” and “friendshoring”, said BloombergNEF’s (BNEF) Energy Transition Supply Chains 2025 report. The BNEF report said the United States remained a leading provider of manufacturing subsidies, but […] Read more
US Solar Industry To Add 502 GWdc Capacity In Next 10 Yrs: Study Updated On Thu, Apr 24th, 2025 by Saurenergy “Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through 2035,” said Sylvia Leyva Martinez, Principal Analyst for North America Utility-Scale Solar at Wood Mackenzie, speaking at the firm’s Solar and Energy Storage Summit. She added, “Bright skies are ahead for US solar, with average annual installations surpassing 40 GWdc through […] Read more
SNEC (2025) PV Power Expo Shanghai Set To Dazzle From June 11-13 Updated On Wed, Apr 23rd, 2025 by Saurenergy SNEC (2025) PV POWER EXPO which will be held from June 11-13, in National Exhibition and Convention Cente（Shanghai) is the largest such expo for the renewable sector globally. Thanks to China’s global dominance, the expo attracts visitors from all over the world usually to check out the latest innovations and developments in the sector. SNEC […] Read more
New Senate Bill To Hurt Solar Growth In Texas Updated On Mon, Apr 21st, 2025 by Saurenergy The Texas Senate recently passed Senate Bill 819 with a 22-9 vote, a move the Solar Energy Industries Association (SEIA) says could severely restrict new clean energy projects and jeopardize the state’s ability to meet growing energy demands. The bill allegedly introduces burdensome regulations specifically targeting new solar projects—regulations not applied to other energy sources, […] Read more
LONGi Claims 27.81% Efficiency From Its Latest Solar Cell Updated On Thu, Apr 17th, 2025 by Saurenergy Chinese solar manufacturer LONGi has announced a new record for solar cell efficiency, reaching 27.81% for its Hybrid Interdigitated Back Contact (HIBC) crystalline silicon solar cell. The figure was certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the company said in a statement. The result marks a new milestone in the photoelectric conversion […] Read more
