How US Import Barrier On Chinese Solar Cells Can Change Trade Game? Updated On Wed, May 22nd, 2024 by Saurenergy The recent trade barriers imposed by the United States (US) against the imports of Chinese solar equipment like solar cells has triggered speculations on the overall global trades of clean energy equipment. The Joe Biden led government recently triggered a new controversy by increasing the imports tariffs for solar cells for upto 50 percent and […] Read more
China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall Updated On Mon, May 20th, 2024 by Saurenergy In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […] Read more
US To Invest $71 Million In Supporting Solar Manufacturing Research Updated On Mon, May 20th, 2024 by Saurenergy U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […] Read more
US Slaps 50% tariffs On Chinese Solar Cells Updated On Wed, May 15th, 2024 by Saurenergy In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from […] Read more
US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding Updated On Tue, May 14th, 2024 by Saurenergy US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […] Read more
Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K Updated On Fri, May 10th, 2024 by Saurenergy Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency solar modules and […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more