China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
Sweden Embarks on 120 TWh Offshore Wind Energy Updated On Thu, Feb 17th, 2022 by Saurenergy Sweden has come up with a massive new marine plan wherein the government has committed itself to develop 120 TWh offshore wind energy in the coming few years to fulfil the power needs of the country. The Swedish Energy Agency has already identified three key areas to begin with. The Swedish government has identified three […] Read more
Auto Makers call on UK Govt for more EV Charging Points and a ‘Regulator’ Updated On Thu, Feb 17th, 2022 by Saurenergy Growth pangs are appearing for the EV sector in the United Kingdom, as the industry faces the challenge of unavailability of the required number of EV battery charging stations in the country. Just when sales of EV’s are finally taking off in a big way. That has brought the Society of Motor Manufacturers and Traders […] Read more
Jinko’s new Tiger Neo 605 panel targets both utility and commercial projects Updated On Wed, Feb 16th, 2022 by Saurenergy Even as 2020 marked a decisive shift to higher output (500 Wplus) modules, JinkoSolar’s Tiger Neo, with an efficiency up to 22.3%, and a promise to have 15-20W more wattage than the conventional p-PERC panel of the same size is set to be a frontrunner. Unlike other panels whose higher power comes from enlarged sizes, […] Read more
China, Europe Lead record global EV sales in 2021 Updated On Wed, Feb 16th, 2022 by Saurenergy A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen Updated On Mon, Feb 14th, 2022 by Saurenergy Corporate contracted capacity in Europe hit 6.5GW in 2021, versus 4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022. The resurgence of corporate PPA’s, at a time when […] Read more
15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more