Qcells Launches Solar Recycling Unit In US As EOL Waste Rises Updated On Tue, Jun 10th, 2025 by Saurenergy US-based solar energy company Qcells has launched a new business unit, EcoRecycle by Qcells, to manage end-of-life (EOL) solar panel waste and reduce the industry’s environmental footprint. The company said on Monday that EcoRecycle will begin operations this year at a facility in Cartersville, Georgia, with plans to expand across the United States. At full […] Read more
GameChange Solar Expands Saudi Arabia Manufacturing Capacity To 6 GW Updated On Tue, Jun 3rd, 2025 by Saurenergy US-based GameChange Solar, a solar tracker and fixed-tilt racking technology supplier has expanded its regional manufacturing capacity in the Kingdom of Saudi Arabia to 6 GW annually, doubling its volume. Its expansion is expected to be completed by September 2025, with the facility continuing to produce GameChange Solar’s Genius Tracker™ systems for utility-scale projects. With […] Read more
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
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
US Solar Module Manufacturing Soared 190% To 42.1 GW In 2024 Updated On Wed, Mar 12th, 2025 by Saurenergy In 2024, the United States witnessed an increase in the commercial solar segment with the addition of 2.1 GWdc of newly installed capacity. The company reported an 8% year-over-year increase in this segment compared to 2023, according to a Wood Mackenzie Report. US solar module manufacturing capacity also tripled. The US solar module manufacturing industry […] Read more
Only 30-40% of EV Supply Chain Localized: ICRA Updated On Thu, Feb 20th, 2025 by Saurenergy Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […] Read more
India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn Updated On Wed, Feb 12th, 2025 by Saurenergy Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […] Read more
Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report Updated On Mon, Jan 27th, 2025 by Saurenergy The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
