150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
The Woodmac Weekly Update on Renewable Energy Worldwide Updated On Tue, Apr 21st, 2020 by Saurenergy In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […] Read more
Crashing Oil, Booming Solar. Possible? Updated On Tue, Apr 21st, 2020 by Saurenergy While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India, this is the opportunity that needs to be taken with both hands. The country has […] Read more
Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019 Updated On Thu, Apr 16th, 2020 by Saurenergy Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […] Read more
WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
UPenn Announces PPA for Largest Solar Project in Pennsylvania Updated On Wed, Apr 15th, 2020 by Saurenergy UPenn has signed a PPA for the creation of a 220 MW solar power project moving it significantly closer to meeting its carbon-neutral by 2042 commitment The University of Pennsylvania (UPenn) has signed a Power Purchase Agreement (PPA) for the creation of a solar power project moving the University significantly closer to meeting its commitment […] Read more
Under Implementation Projects Impacted Most by COVID-19: Report Updated On Wed, Apr 15th, 2020 by Saurenergy Under implementation solar projects have suffered the biggest impact of the COVID-19 pandemic as solar cells and modules are largely imported from China Under implementation solar projects have suffered the biggest impact of the COVID-19 pandemic as solar cells and modules are largely imported from China wherein there was lockdown since December 2019, according to […] Read more
