South Korea’s Battery Majors LG Energy & Hanwha Explore Partnership for BESS Updated On Mon, Jan 16th, 2023 by Saurenergy South Korean firms LG Energy Solution and Hanwha, global giants in the world of global battery and renewable energy technology, are looking to set up battery storage centric manufacturing facilities. The units will be established in the US. The said firms have entered into a partnership to make headways into US battery energy storage system […] Read more
Global Solar Installs On Course For 222 GW in 2022, Rethink Energy Updated On Wed, Dec 14th, 2022 by Saurenergy Research firm Rethink energy reckons global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […] Read more
US Probe Identifies 4 Firms For Avoiding Trade Laws Against China Updated On Tue, Dec 6th, 2022 by Saurenergy The U.S. Department of Commerce has identified Canadian Solar, BYD Hong Kong, Trina Solar and Vina Solar as firms possibly guilty of trying to evade US trade laws when it comes to import of Chinese origin solar cells and modules to the US. Announcing its preliminary determinations in a recent circumvention case tied to solar cells […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
Corporate Solar Offtakers in US Contribute 14% of Installed Solar Capacity; Meta Takes Lead Updated On Wed, Nov 30th, 2022 by Saurenergy As per a study by Solar Energy Industries Association (SEIA) corporate solar offtakers in the USA now make up 14 per cent of solar capacity installed in the country. At the forefront of this impact is Meta. Up until June this year, solar power capacity contracted by American corporates stood at a cumulative capacity of […] Read more
US Solar Output Increases by 26% in First Nine Months of 2022 Y-o-Y Updated On Wed, Nov 30th, 2022 by Saurenergy According to the latest report from the country’s Energy Information Administration (EIA), solar PV generation increased in the US during the first nine months of the year by 26.1% compared to the same period last year. According to information from its publication “Electric Power Monthly,” solar PV generated 21.02% more electricity in September 2022 than […] Read more
Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
Mosaic Surpasses $10 Billion in Loans Funded for Residential Solar, Sustainable Homes in US Updated On Thu, Nov 10th, 2022 by Saurenergy American fintech giant Mosaic has announced that it has surpassed $10 billion in loans funded through its platform. Mosaic is a leading financing platform for U.S. residential solar and energy-efficient home improvements. This double-digit milestone comes just seven weeks after announcing $9 billion in loans funded, showing accelerated growth for the clean energy fintech company. […] Read more
