Avaada Group Successfully Pockets INR 10,700 Cr as Funding Updated On Thu, Jun 29th, 2023 by Saurenergy Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […] Read more
Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities Updated On Tue, Jun 27th, 2023 by Saurenergy With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […] Read more
In 2022, India Among 3 Countries Accounting for Nearly 90% of Installed Capacity for Manufacturing Solar Modules: IEA Updated On Wed, May 31st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that China would continue to withhold its globally dominant position in solar module manufacturing capacities even in 2030. The report estimated the likely production capacities of solar modules in different countries by 2030 if the announced projects are implemented. The report titled ‘The State of Clean Technology […] Read more
Trina Solar Joins Chinese Peers With Major Expansion Plans Updated On Wed, May 31st, 2023 by Saurenergy Trina Solar joins fellow Chinese solar giants Longi and Jinko Solar to announce major new expansion plans. In a recent announcement, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and related facilities in China’s Sichuan province. The Changzhou headquartered firm has been a major player in the solar […] Read more
Gautam Solar Contracts Jinchen to Double Solar Module Capacity to 1 GWp Updated On Mon, May 29th, 2023 by Saurenergy Solar panel manufacturer, Gautam Solar, has collaborated with Chinese high tech enterprise Jinchen with the objective of increasing its production of solar modules. An agreement has been signed at the 16th International Conference and Exhibition on Photovoltaic Power Generation and Smart Energy (SNEC) that is being held in Shanghai, China. Under the terms of the […] Read more
Terafab From Terabase: ‘A Solar Factory to Build Many Solar Factories’ Updated On Fri, May 12th, 2023 by Saurenergy Californian based solar power plants’ solutions provider Terabase Energy has come up with a novel technology which is virtually a ‘factory that builds solar factories.’ It has launched Terafab which the world’s first automated & digital field factory for solar power plant construction. The Terabase technology transforms solar power plant construction with a modern factory […] Read more
China’s Solar Supply Chain Humming With Orders As Local Manufacturers Race To Meet Demand Updated On Wed, Apr 5th, 2023 by Saurenergy China’s dominance of the solar supply chain has lifted firms across the sector, from polysilicon to modules. For now, it is firms focused on solar wafers that are grabbing attention, as cell manufacturers have run up against stronger than expected demand. Firms in Jiangsu province, a key hub for solar manufacturing have been reporting record […] Read more
India To Become World’s Second-Largest Solar PV Manufacturer By 2026: Study Updated On Tue, Apr 4th, 2023 by Saurenergy A recent joint study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claims that India will likely become the second-largest solar photovoltaic (PV) module manufacturer by 2026. The report claimed that India’s total module manufacturing capacity more than doubled from 18 Gigawatt (GW) in March 2022 to 38 GW […] Read more
Germany’s AE Solar Plans EUR 1 Billion Solar Panel Facility in Romania Updated On Tue, Mar 7th, 2023 by Saurenergy Prime Minister of Romania Nicolae-Ionel Ciucă has met with AE Solar and Black Sea Universities Network representatives and German renewables player AE Solar has announced that it would open a factory for solar panel manufacturing in Romania. AE Solar also mentioned that the company will see an investment coming to the tune of EUR 1 […] Read more
