IRA Has Turbo Charged American Solar Manufacturing-SEIA Updated On Wed, Aug 16th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […] Read more
Siemens Announces 800 MW Inverter Manufacturing Capacity In US Updated On Wed, Aug 16th, 2023 by Saurenergy German Power major Siemens has joined the rush of firms seeking to benefit from the $360 billion plus subsidies on offer under the Inflation Reduction Act in the US. Announcing plans to begin manufacturing solar string inverters in Kenosha, Wisconsin, Siemens will make Blueplanet inverters at the new site, which it acquired from KACO in […] Read more
SaurEnergy Explains IRA: The Act That Kickstarted a Solar Manufacturing Rush in the US Updated On Tue, Aug 1st, 2023 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. The most interesting aspect of the bill was its focus on clean energy incentives. The bill was also hailed as a crucial piece of climate legislation […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
“We Expect TOPCON To Be The Leader For The Next 5-7 years”, S Vasanthi, Websol Energy Updated On Tue, Jul 18th, 2023 by Saurenergy S Vasanthi is a true solar veteran, thanks to her long association with one of the earliest solar manufacturers in India, Websol Energy System Limited. As the Chief Technical officer and director she has been instrumental in visualizing the company’s 1.8GW solar PV cells and 550 MW Module manufacturing capacity expansion at its Falta plant […] Read more
Thin Film Module Maker First Solar In 5 GW Deal With Energix Updated On Tue, Jul 18th, 2023 by Saurenergy US based solar module manufacturer First Solar, which stands out for using cadmium telluride (CdTe) thin-film modules at scale, has signed a framework agreement with Israeli solar developer Energix Renewables to supply 5GW of modules. Energix has a 7 GW portfolio spread across Israel, Poland and the US. The deal also involved First Solar recycling […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity Updated On Fri, Jun 30th, 2023 by Saurenergy Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […] Read more
