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China’s Module Giants Sound Alarm Over Falling Prices

At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […]

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Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL

Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […]

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UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices

The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […]

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Solar Module Prices Continue To Search For Bottom As Cell Prices Decline Further

PV Infolink, the Chinese solar research consultancy whose weekly spot prices bulletin serves as a key indicator for many, has, in its latest report, continued to bring bad news for manufacturers. Bad, because even as one would assume price drops are good for developers and eventually consumers, the persistent weakness risks putting growth at risk […]

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Grumblings From European Solar Manufacturers Start Over Falling Prices

At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […]

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Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA

IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […]

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