LONGi Achieves 34.85% Efficiency in Tandem Perovskite Solar Cell Updated On Mon, Apr 21st, 2025 by Saurenergy LONGi has developed a two-terminal crystalline silicon-perovskite tandem solar cell that achieved a conversion efficiency of 34.85%, the company said, citing certification from the US National Renewable Energy Laboratory (NREL). With this development, LONGi claims to have broken the world record for efficiency in crystalline silicon-perovskite tandem cells. Crystalline silicon-perovskite tandem solar cells are considered […] Read more
LONGi Claims 27.81% Efficiency From Its Latest Solar Cell Updated On Thu, Apr 17th, 2025 by Saurenergy Chinese solar manufacturer LONGi has announced a new record for solar cell efficiency, reaching 27.81% for its Hybrid Interdigitated Back Contact (HIBC) crystalline silicon solar cell. The figure was certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the company said in a statement. The result marks a new milestone in the photoelectric conversion […] Read more
Suzlon Secures A 100.8 MW Wind Order from Sunsure Energy Updated On Thu, Apr 17th, 2025 by Saurenergy Suzlon Energy today announced securing a 100.8 MW EPC wind power order from Sunsure Energy, marking their maiden foray into wind energy. The project is set to be executed in Maharashtra’s Jath region. Under this agreement, Suzlon will supply 48 state-of-the-art S120 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each rated at a […] Read more
We Aim To Make Solar Biz Simple & Effective: Nishant Sood Updated On Thu, Apr 17th, 2025 by Saurenergy Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […] Read more
European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
Waaree Renewable Delivers With Strong Finish To FY25 Updated On Thu, Apr 17th, 2025 by Saurenergy Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […] Read more
Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] 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
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more