Does Europe Need To Subsidise PV Manufacturing? Updated On Mon, Mar 24th, 2025 by Saurenergy The European Commission (EC) has been on an overdrive post Covid, launching multiple partnerships and funding for fostering manufacturing and innovation within the continent. Like the Biden administration in the US, the ostensible reason has been a desire to cut dependence on China in the renewable space, especially in the solar and now, battery space. […] Read more
First Solar India’s Disconnect: Big Factory, Small Home Footprint Updated On Mon, Mar 24th, 2025 by Saurenergy First Solar, Inc., a US solar manufacturer, ventured into India manufacturing business with the intention of serving the domestic India market as it inaugurated a fully vertically integrated solar manufacturing plant in Tamil Nadu with a capacity of 3.3 GW. The firm also had the distinction of making it to India’s ALMM list as the […] Read more
COVER STORY: India’s Different Path For Solar Module Manufacturing Updated On Fri, Mar 21st, 2025 by Saurenergy On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […] Read more
Korea Firm OCI To Build 2 GW Cell Manufacturing Plant In US Updated On Fri, Mar 21st, 2025 by Saurenergy Korean chemical industries company OCI Holdings will build a 2GW solar cell production facility in Texas. The Korean firm had closed 2024 with revenues of almost $2.5 billion. With a strong presence in photovoltaic polysilicon manufacturing including plants in Malaysia, the firm is hopeful that its own polysilicon supply chain will provide it a competitive […] Read more
Europe’s Big Battery Hope NorthVolt Files for Bankruptcy Formally Updated On Thu, Mar 13th, 2025 by Saurenergy Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […] Read more
Hoymiles Micro-Inverters Make an Impression at the REV Expo, Chandigarh Updated On Mon, Mar 10th, 2025 by Saurenergy Chinese solar inverter firm Hoymiles, a global leader in Solar Microinverter and Energy Storage Solutions, made a strong impression at the Renewable Energy & Electric Vehicles (REV) Expo in Chandigarh from March 7th to 9th. Partnering with its Authorized Distributor, Sun Solista, it had showcased its latest innovations in microinverters and smart solar technology to […] Read more
India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks Updated On Thu, Mar 6th, 2025 by Saurenergy India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […] Read more
SMA Solar Rocked By Losses In 2024 Updated On Thu, Mar 6th, 2025 by Saurenergy German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […] Read more
Solar Yaan Eyes Utility Solar Market With New Launches Updated On Wed, Mar 5th, 2025 by Saurenergy Solar inverter brand Solar Yaan has now planned to boost its presence in the Indian utility-scale solar market. The company, which started its business in 2019 with a focus on the residential rooftop market and C&I consumers, has now launched its large inverters to venture into India’s utility-scale solar market. Manoj Patel, Founder of Solar […] Read more
