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
China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more
West Bengal Discoms Operate Without Any Clear Mandate On RPO Updated On Mon, Nov 20th, 2023 by Saurenergy Electricity distribution companies in West Bengal have been struggling on a different front when it comes to their handling of renewable energy portfolios. The state, which has merely 636 MW of total installed renewable power capacity (excluding hydro) till recently, was clueless about its Renewable Purchase Targets (RPOs). Legal complexities and litigations have kept the issue pending, […] Read more
Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more
Indian Airports Move Towards Renewables, Glare Hazards Pose New Challenge Updated On Fri, Sep 1st, 2023 by Saurenergy By-Ravleen Kaur Earlier in March, the Airports Authority of India (AAI) announced that it will use 100 percent renewable energy at all its airports by 2024. AAI is India’s public sector airport developer and operator. Of the 137 airports it manages, the statutory body has, already commissioned in-house solar plants at 38 airports with a capacity of 40 […] Read more
Solar Feeders Promise To Fulfil Solar Targets in Agriculture Updated On Fri, Sep 1st, 2023 by Saurenergy Radheshyam Singh is a marginal farmer from Noorsarai in the Nalanda district of Bihar. While a few farmers from the district have availed the benefits of off-grid solar pumps for irrigation in the past, Radheshyam and most of the farmers in the neighbourhood still depend on the grid. However, dependency on the grid for irrigation […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
Solar Industry Facing Some Challenge: Gyanesh Chaudhary Updated On Tue, Nov 20th, 2018 by Saurenergy Ambiguity arising from the GST relates to the fact that it is still not clear whether solar projects will be categorized under the 5% tax bracket or 18% tax bracket. Implementation of Goods and Service Tax and imposition of safeguard duties are proving to be challenging for the solar industry in India, Gyanesh Chaudhary, MD […] Read more
