Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
“700+ Wp Modules Increase Generation By Around 20% Compared To Existing 580-585 Wp Range”: Sarthak Sengupta, Amplus Updated On Thu, Dec 14th, 2023 by Saurenergy Sarthak Sengupta, Vice President, Procurement, Amplus, has 17 years of experience in materials management, strategic sourcing, and procurement consulting. During his extensive professional journey, Sarthak has worked for organizations like Hindustan Petroleum Corporation Limited and Blue Star Limited, demonstrating expertise across diverse industries such as electric vehicles, renewable energy (solar, wind, battery storage, EPC), new […] Read more
Mingyang Rolls Out World’s Largest Offshore Wind Turbine of 18 MW Updated On Thu, Dec 14th, 2023 by Saurenergy The largest wind turbine manufacturer in the world, China-based Mingyang Smart Energy has rolled out its 18 MW offshore wind turbine at its manufacturing base Shanwei. MySE 18.X-20 MW, is now the world’s largest offshore wind turbine with reference to capacity and rotor diameter. Features The turbine boasts flexible power ratings varying from 18.X to […] Read more
India’s Solar Panel Imports In Last 5 Years- Vietnam, Malaysia Pick Up Slack From China Updated On Fri, Dec 8th, 2023 by Saurenergy The Union Minister for Power and New and Renewable Energy, R.K. Singh recently shared data on solar panel imports into India in the past 5 years. Sourced from the Export Import Data Bank of the Ministry of Commerce, the figures make for interesting reading. For instance, data claimed between 2022-23 and 2023-24 (6 months) even […] Read more
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
TOPCOn Makes Inroads In India’s Solar Manufacturing Sector Updated On Fri, Dec 1st, 2023 by Saurenergy Around 2019, mono-PERC (Passivated Emitter Rear Contact) was well on its way to dominate the solar market in India, in a market that was ruled by polycrystalline modules until then. Researchers and developers had already estimated its dominance five years ago in 2014, but it took a wholesale shift to mono-PERC by leading Chinese manufacturers […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
Polysilicon Industry Set to Push Out New Entrants In 2024, Predicts Bernreuter Updated On Wed, Nov 29th, 2023 by Saurenergy Germany research firm Bernreuter Research predicts an imminent, and third shakeout in the global polysilicon industry in 2024. This would be caused by sustained, low polysilicon prices that will only go lower, before any sort of recovery post 2024. The trigger will be Chinese polysilicon market leader Tongwei that will usher in a phase of […] Read more
China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more