Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal Updated On Fri, May 22nd, 2020 by Saurenergy The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […] Read more
JinkoSolar Tops in Module Shipments to India in Q1 2020 Updated On Fri, May 22nd, 2020 by Saurenergy JinkoSolar Holding, a leading solar module manufacturer, has topped in the list of solar module suppliers to India during the January-March quarter of 2020, as per the research and advisory services provider firm. According to the quarterly report of JMK Research and Analytics, in which it has ranked domestic and international module suppliers based on their shipments […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
GoodWe Tops Among Global Hybrid Inverter Suppliers in 2019: Report Updated On Fri, May 8th, 2020 by Saurenergy With more than 15 percent global market share, a leading solar photovoltaic (PV) inverter manufacturer, GoodWe ranked No.1 among hybrid inverter suppliers globally, as per the global energy research & consultancy firm. According to the report published by Wood Mackenzie, or WoodMac, titled ‘Global PV Inverter Market Shares Full-Year 2019’, GoodWe has been ranked no. […] Read more
‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’ Updated On Thu, May 7th, 2020 by Saurenergy Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […] Read more
IRENA, ESCAP Ramp Up Efforts to Improve Clean Energy Accessibility in APAC Region amid Covid-19 Updated On Wed, May 6th, 2020 by Saurenergy This is significant as the Asia-Pacific region is home to almost half of the world’s population, and is largely dependent on fossil fuels. With an aim to jointly work towards improving access to sustainable energy across the Asia-Pacific region, Abu Dhabi-headquartered International Renewable Energy Agency (IRENA) and the United Nations Economic and Social Commission for […] Read more
Switzerland Offers Rebate to Lift Solar Market amid Pandemic Updated On Mon, May 4th, 2020 by Saurenergy With an aim to save the solar photovoltaic (PV) market from ongoing slum caused by coronavirus crisis, Switzerland offered another USD 47 million financial support through rebates. Through such initiatives, the Central European country is planning to lift the PV market, especially residential and commercial rooftop solar. This is significant as, after hydropower and nuclear power, […] Read more
Tokyo Olympic Games 2020 Targets 100% Renewable Energy Updated On Fri, May 1st, 2020 by Saurenergy The Tokyo Olympic Games for 2020 will be powered 100 percent by renewable energy, as revealed by the Sustainability Pre-Games Report. As per the report, the Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) is planning to deliver sustainable Tokyo 2020 games including the promotion of the use of 100 percent renewable energy at Olympic […] Read more
