China Overcapacity ‘Overrated’, Say China Researchers Updated On Tue, Jul 16th, 2024 by Saurenergy Ju Jiandong, Director of the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University and Feng Lu, Assistant Researcher with the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University make the case that overcapacity in the green energy sector is a temporary […] Read more
90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […] Read more
Low Solar Prices In China-The Indian Perspective Updated On Thu, Jun 20th, 2024 by Saurenergy Spending time at SNEC PV last week at Shanghai in China, one couldn’t help but wonder about the end game as far as current low solar prices go. For starters, despite the stubbornness of the Indian government when it comes to offering a friendly, or even reciprocal approach to the Chinese, that is still missing […] Read more
Zetwerk Owned Unimacts Opens Second US Plant For Nextracker Updated On Wed, Jun 19th, 2024 by Saurenergy Unimacts, a manufacturing services company that was acquired by Indian contract manufacturing startup Zetwerk in 2022, has expanded its relationship with leading US solar tracker maker Nextracker. Unimacts has opened up its second manufacturing facility in Sloan, Nevada for Nextracker to make steel torque tubes, a key component of Nextracker’s solar trackers. This new facility […] Read more
GB Solar Starts Work On Expanding Module Capacity to 2 GW Updated On Tue, Jun 18th, 2024 by Saurenergy Vadodara, Gujarat based PV manufacturer GB SOLAR TECHNOLOGIES PVT LTD ( formerly GreenBrilliance Renewable Energy LLP), is expanding its PV module production capacity to 2.0 GW. The capacity, located in Karjan, Vadodara, will start production within 6-8 months this year. A ground-breaking ceremony was held on 7th June, 2024 at the site in the village […] Read more
Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions Updated On Fri, May 24th, 2024 by Saurenergy There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […] Read more
China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall Updated On Mon, May 20th, 2024 by Saurenergy In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […] Read more
Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion Updated On Mon, May 20th, 2024 by Saurenergy Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […] Read more
US Slaps 50% tariffs On Chinese Solar Cells Updated On Wed, May 15th, 2024 by Saurenergy In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from […] Read more
