REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks Updated On Mon, Dec 26th, 2022 by Saurenergy The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […] Read more
Solar Projects Of 486-MW Allotted In Poland Auctions Updated On Fri, Dec 23rd, 2022 by Saurenergy The latest round of auctions of renewable energy by the Energy Regulatory Office in Poland has drawn a poor response. It allocated a mere 8.5 TWh of renewable energy capacity out of 34 TWh that was up for offer. The bright spot in the entire episode has been for the solar industry of Poland. The […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
Scatec India, O2 Power And SJVN Emerge Winners From SECI’s 1.2GW Wind Tender Updated On Fri, Dec 23rd, 2022 by Saurenergy The year end has brought glad news for Scatec India, SJVN and O2 Power, as the three firms emerged with the only allotments from SECI’s 1.2 GW wind energy tender (Tranche XIII) issued in January this year. In terms of actual bids, SJVN was the lowest bidder, having quoted Rs 2.90/unit for a 100 MW […] Read more
Solar Trackers Surge; Poised To Reach 37,196.86 MW Globally by 2031 Updated On Wed, Dec 21st, 2022 by Saurenergy As per a recent report by a US based market research firm, Transparency Market Research (TMR), the global solar trackers market is likely to reach an installed capacity worth 37,196.86 MW in another nine years. In 2020, the annual installed capacity of solar trackers stood at 6998.8 MW. By 2031, the annual installed capacity will peak […] Read more
Amara Raja Power Selects Nextracker to Supply Solar Trackers to NTPC’s Plant Updated On Tue, Dec 20th, 2022 by Saurenergy NTPC’s Nokh Solar Project, which will soon be one of India’s largest solar parks, will use Nextracker’s award-winning solar trackers. Nextracker is the world’s leading provider of intelligent solar trackers and software solutions. The company recently announced the signing of a master supply agreement (MSA) with Amara Raja Power Systems Limited. This 1,850-hectare project, which […] Read more
Manufacturers Can Save Upto $5 Mn Per GW in Solar Projects With This Process Updated On Mon, Dec 19th, 2022 by Saurenergy Atlanta-based firm, Solar Inventions, has shared that it has developed an architecture for PV cells and modules pertaining to PV cells and modules. The firm has said during the process of metalization, each cell can be divided electrically to make various or subcells on a single wafer. Further, the process, known as Configurable Current Cells […] Read more
In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA Updated On Thu, Dec 15th, 2022 by Saurenergy A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […] Read more
