33 GW Solar In Sight In US For 2023, With 6.5 GW Additions In Q3 Updated On Tue, Dec 12th, 2023 by Saurenergy The U.S. solar industry added 6.5 gigawatts (GW) of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take hold. As a result of this growth, the United States is expected to add a record 33 gigawatts (GW) of solar capacity in 2023, according to the […] Read more
US Energy Firm Puget Sound Energy Announces Utility-Scale Wind Farm At Montana Updated On Fri, Dec 8th, 2023 by Saurenergy United States (US)-based energy company Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana, in the US. The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources […] Read more
EU Commission Proposed Extension On Sale EV and Batteries In UK Updated On Fri, Dec 8th, 2023 by Saurenergy The European Union (EU), recently proposed to the European Council a one-off extension on electric vehicles (EV) and batteries – until 31 December 2026. This proposal falls under the current rules of origin for electric vehicles and batteries under the EU-UK Trade and Cooperation Agreement (TCA). The Trade and Cooperation Agreement established the rules governing […] Read more
India’s Solar Panel Imports In Last 5 Years- Vietnam, Malaysia Pick Up Slack From China Updated On Fri, Dec 8th, 2023 by Saurenergy The Union Minister for Power and New and Renewable Energy, R.K. Singh recently shared data on solar panel imports into India in the past 5 years. Sourced from the Export Import Data Bank of the Ministry of Commerce, the figures make for interesting reading. For instance, data claimed between 2022-23 and 2023-24 (6 months) even […] Read more
India Registered 62 EV Manufacturers Under FAME-II, Parliament Told Updated On Thu, Dec 7th, 2023 by Saurenergy The Minister of State for Heavy Industries (MHI), Krishan Pal Gurjar, in a written reply in Parliament stated that, under FAME-II, subsidies of Rs. 5,228.00 crore were disbursed for the increased deployment of Electric Vehicles (EVs) in India. He also told the Lower House that under the scheme, a total of 11,53,079 EVs were sold […] Read more
ICRA Sees FY24 Ending On a Positive Note For RE, 20 GW Additions Projected For India Updated On Thu, Dec 7th, 2023 by Saurenergy Ratings and Research firm ICRA sounded an optimistic note in their December update, with hopes that overall renewable capacity additions in FY24 will touch 20 GW. That number, made up of 12 GW of solar, 2 GW of wind besides other RE sources, becomes even better for FY25. The firm expects solar to add 20 […] Read more
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
