Waaree Energies Adds 1 GW Module Order Updated On Mon, Dec 9th, 2024 by Saurenergy Waaree Energies Limited, India’s largest solar module manufacturing company with capacity of 13.3 GW announces securing a significant order for the supply of 1 GW of solar modules from a renowned developer. The new order follows the massive success Indian manufacturers are enjoying in the utility scale segment after the new DCR rules came into […] Read more
Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more
US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report Updated On Thu, Dec 5th, 2024 by Saurenergy The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […] Read more
Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA Updated On Wed, Dec 4th, 2024 by Saurenergy The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
127 GW Of Renewable Projects Under Tendering Process: Govt Updated On Wed, Dec 4th, 2024 by Saurenergy Minister of State (MoS) for Power Shripad Naik in a statement before the Parliament said that around 127 GW of renewable projects are under the tendering process in the country. The MoS in his statement talked about the strides the country is taking to boost its green energy portfolio. He said India currently has a […] Read more
November Power Trading- Electricity Prices Drop17% YoY Updated On Wed, Dec 4th, 2024 by Saurenergy Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase. During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […] Read more
Equinix, Sembcorp Sign PPA To Develop 58.5 MWp Solar Project Updated On Tue, Dec 3rd, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company, today signed its second renewable energy Power Purchase Agreement (PPA) with Sembcorp Power Pte. This project in Singapore with Sembcorp’s subsidiary is the second PPA. This collaboration provides Equinix solar project 58.5 MWp maximum capacity from JTC’s properties on Jurong Island. The project will start in 2029. This accounts […] Read more
COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
