56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad Updated On Fri, Oct 29th, 2021 by Saurenergy The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […] Read more
Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA Updated On Thu, Oct 28th, 2021 by Saurenergy The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […] Read more
GESCL Invites Bids for 60 MW Solar Projects in Gujarat Updated On Wed, Oct 27th, 2021 by Saurenergy The Gujarat State Corporation Limited (GESCL) has invited bids from interested contractors for the design, engineering, supply, procurement, installation, and commissioning of 60 MW solar photovoltaic grid-connected power plants, including their operation and maintenance for 5 years, around various substations of GETCO of Bhachau Taluka in Kachchh District, Gujarat. The deadline for bid submission is […] Read more
NTPC REL Invites EoI for 15 GW of Solar Modules Updated On Wed, Oct 20th, 2021 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited an Expression of Interest (EoI) from domestic manufacturers for providing approximately 15 GW of solar modules upto a cumulative period of minimum five years. The last date to submit the EoI is November 8, 2021, the responses will be opened on the next day. The sourced modules […] Read more
Odds of Relief for Large Solar Developers In India Continue To Increase Updated On Wed, Oct 13th, 2021 by Saurenergy Weeks after iterating his goal to push domestic manufacturing using every tool at his command, Power and MNRE Minister R.K. Singh faces a stiff test of resolve. The ‘perfect storm’ of events that was considered all but impossible till 12 months ago has come to pass, and the government will soon need to take a […] Read more
Solar Module Prices Hit 2 Year highs, Gap Between Multi, Mono-Perc Widens Updated On Tue, Oct 12th, 2021 by Saurenergy Solar Module prices in China’s ‘spot’ market continued to rise further at the end of the China National Day Holiday Weekend. Thus, the price trend continues unabated from before, with no immediate sign of respite. We had reported last week on how the top 5 Chinese manufacturers had urged developers to go slow, or defer […] Read more
Developers, Indian Government May Need To Discuss Solar’s Perfect Storm Soon Updated On Mon, Oct 4th, 2021 by Saurenergy As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, […] Read more
Poor Policy Choices Bring Pakistan To The Brink In Gas Price Surge Updated On Thu, Sep 30th, 2021 by Saurenergy For Pakistan, the inexorable rise in global LNG spot prices is turning into a never ending nightmare. Thanks to a high dependence on spot gas purchases, the South Asian country of almost 220 million people is headed for a cold winter with possibly some of the poorest preparations in a decade. Even as the government […] Read more
Phelan Energy Unveils New Floating Solar Panel Tech Updated On Wed, Sep 29th, 2021 by Saurenergy Phelan Energy Group (PEG) unveiled a new floating solar panel at the SolarPlaza, Floating Solar conference, in Amsterdam, Netherlands, yesterday. This new concept design and efficiency will make its power output price competitive, or lower than land based solar systems, said Chairman Paschal Phelan. Floating PV has been hailed for its huge potential in the next […] Read more
