Polysilicon Makers Signal Tough Times, Count On N-Type Dominance Updated On Tue, Apr 30th, 2024 by Saurenergy With Chinese polysilicon major Daqo New Energy announcing its Q1 results, the picture from a clutch of leading polysilicon makers has cleared a bit. For starters, prices are unlikely to go up significantly, pointing to a period of relative stability at best, or slight increases in eventual solar module costs. Among Daqo New Energy, OCI […] Read more
Jinko Solar Q1 Results-Module Shipments at 19.9 GW, Down 21% QoQ Updated On Tue, Apr 30th, 2024 by Saurenergy JinkoSolar Holding Co., Ltd, one of the largest integrated solar module manufacturers in the world, has announced its unaudited financial results for the first quarter ended March 31, 2024. Till 2023 end, JinkoSolar was also the leading Chinese module supplier to the Indian market. First Quarter 2024 Business Highlights Module shipments increased 53.3% year-over-year to […] Read more
Waaree Energies Secures 400 MW PV Supply Contract From GIPCL Updated On Mon, Apr 29th, 2024 by Saurenergy Waaree Energies Limited, India’s leading solar PV modules manufacturer, recently received a reception of a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for a 400 MW module supply deal. The contract entails the supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, […] Read more
Boviet Solar Announces 2 GW Expansion For TOPCon Plant In The US Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese materials manufacturing group Boway Group, which owns Vietnam based Boviet Solar in the solar manufacturing space, has announced plans for a 2 GW expansion at its US . The TOPCon cell manufacturing facility will be located in Greenville, Pitt County, North Carolina. Founded in 2013 in Vietnam, Boviet Solar is a Tier 1 solar […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
US Solar Manufacturers File Case Against China’s Alleged Illegal Trade Practices In SE Asia Updated On Thu, Apr 25th, 2024 by Saurenergy American Alliance for Solar Manufacturing Trade Committee of US solar manufacturers represented by DC law firm Wiley Rein LLP, filed a set of antidumping and countervailing duty petitions with the US International Trade Commission (USITC) and the US Department of commerce. The companies subject to this investigation would be primarily Chinese-headquartered companies. The move comes […] Read more
China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study Updated On Thu, Apr 25th, 2024 by Saurenergy A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by fossil fuels to one where renewable power plays a key […] Read more
Inverter Major Sungrow Overtakes Longi By Market Cap Updated On Thu, Apr 25th, 2024 by Saurenergy Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of […] Read more
Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA Updated On Wed, Apr 24th, 2024 by Saurenergy International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […] Read more
