Stagnation in RE Subsidies, Financial Support Needed: IISD-CEEW Report Updated On Fri, Jul 16th, 2021 by Saurenergy India’s quest to achieve its goals for “Aatmanirbhar Bharat” and a clean energy transition, part of the economic recovery from COVID-19, is missing a key ingredient: adequate financial support for renewable energy. This is the conclusion reached upon by a new report released by the International Institute for Sustainable Development (IISD) and the Council on […] Read more
New York Installs 3 GW of Solar Capacity By Q3 FY21 Updated On Fri, Jul 16th, 2021 by Saurenergy According to the governor of New York, Andrew Cuomo, the state has installed 3 GW of solar capacity by the end of Q3 FY21, with the state’s total pipeline reaching 5.7 GW. The state had added a capacity of 2,840.3 MW by Q1 2021, which took New York to the 10th position nationally in the terms […] Read more
Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026 Updated On Wed, Jul 14th, 2021 by Saurenergy A research report published by Global Industry Analysts Inc., (GIA) makes the prediction that the global solar lighting market will reach $11.2 billion by 2026. The global market for Solar Lighting Systems is estimated at US $ 5.5 Billion in the year 2020. Thus, the revised size of US$11.2 Billion by 2026 will entail growing […] Read more
APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation Updated On Wed, Jul 14th, 2021 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […] Read more
NHPC Enters Rajasthan, with 600 MW Solar Tender Updated On Wed, Jul 14th, 2021 by Saurenergy Hydro energy PSU NHPC (National hydroelectric Power Corp), which has also made some strong solar energy plans, has invited bids for a 600 MW ISTS (Inter State Transmission System) connected solar project. The tender, which covers engineering, procurement, and construction (EPC) for the project/s, is planned for Deora village of the Jaisalmer district in Rajasthan. […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
NTPC REL Gets Busy As MNRE Approves 4750 MW Solar Park in Gujarat Updated On Wed, Jul 14th, 2021 by Saurenergy Power Major NTPC’s renewable energy arm, NTPC Renewable Energy Limited (NTPC REL) is filling up its pipeline of projects quickly, as it will now set up India’s single-largest solar photovoltaic project at Rann of Kutch at Khavada in Gujarat, the company said on Tuesday. the announcement comes barely a month after the state owned power major […] Read more
MERC Signals Go Slow On AEML’s RE Procurement Plans for Mumbai Updated On Tue, Jul 13th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has issued a new order, allowing Adani Electricity Mumbai Ltd (AEML) to initiate the bidding process for the procurement of power upto 500 MW on round the clock (RTC) basis from grid connected renewable energy power projects, complemented with other non-renewable energy source. The commission has partly accepted AEML‘s […] Read more
JinkoSolar’s Modules Break Records with 23.53% Highest Conversion Efficiency Updated On Tue, Jul 13th, 2021 by Saurenergy JinkoSolar Holding Co. Ltd., the Chinese solar module manufacturer today announced that the maximum solar conversion efficiency of its advanced high-efficiency solar module reached 23.53% and has outperformed the previous record of 23.01%, also set by JinkoSolar, in January 2021. The result was independently tested and confirmed by TÜV Rheinland, one of the world’s leading […] Read more
