H1 Results: Trinasolar Ships 34 GW Solar Modules Globally Updated On Tue, Sep 3rd, 2024 by Saurenergy Global solar module manufacturing company Trinasolar has now published its financial report for the first half (H1) of 2024-25. The company reported a revenue of $6.047 billion and net profit attributable to the parent of $74.058 million during this period, the firm said. The green Chinese company said that over the six months, the company […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN Updated On Mon, Sep 2nd, 2024 by Saurenergy In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […] Read more
5 Indian Solar Firms With Plans To ‘Make In USA’ Updated On Mon, Sep 2nd, 2024 by Saurenergy Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […] Read more
The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries Updated On Fri, Aug 30th, 2024 by Saurenergy The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
Grew Energy, IIT Bombay Collaborate For R&D In Photovoltaics Updated On Wed, Aug 28th, 2024 by Saurenergy Grew Energy Private Limited, a solar module manufacturing company, has announced a partnership with the Indian Institute of Technology, Bombay (IIT Bombay). The collaboration aims to advance innovation and excellence in photovoltaic technology, with a key focus on solar cell and module manufacturing, performance characterization, and reliability assessments. The two signed the Memorandum of Understanding […] Read more
Khavda: GameChange Solar, SWREL Partner For 750MW Solar Project Updated On Wed, Aug 28th, 2024 by Saurenergy GameChange Solar, a global solar tracking solutions supplier for ground-mounted PV plants, signed a solar tracker supply contract with Sterling and Wilson Renewable Energy Limited, a global pure-play, end-to-end renewable EPC solutions provider based in India. Under the agreement, GameChange will supply its Genius Tracker™ solar trackers for a massive 750 MWp Solar PV Plant […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more