Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays Updated On Thu, Aug 26th, 2021 by Saurenergy While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […] Read more
Storage Integrator FlexGen Bags $150 M Investment from Apollo Funds Updated On Thu, Aug 26th, 2021 by Saurenergy Apollo Global Management, an alternative asset management group, has announced a $150 million equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will be made in partnership with FlexGen’s existing investors, Altira Group and the founding investment group led […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
World’s 1st Commercial Installation of Perovskite Solar Cells in Poland Updated On Thu, Aug 26th, 2021 by Saurenergy Poland-based Saule Technologies, a perovskite solar tech company, has launched its first installation of photovoltaic blinds – sun breakers with perovskite solar cells. This world’s first commercial implementation of perovskite solar cell technology was a collaboration with Aliplast, said the company. Saule’s new product was first presented in October 2020. The profiles with solar modules, […] Read more
World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier Updated On Thu, Aug 26th, 2021 by Saurenergy Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […] Read more
eBikeGo Unveils New Electric Moto-scooter Starting at Rs. 79,999 Updated On Wed, Aug 25th, 2021 by Saurenergy eBikeGo, a leading electric two-wheeler mobility platform, has announced the debut of ‘RUGGED’, a sustainable and sturdy electric moto-scooter. With the government’s recent announcement that electric vehicles will not be subject to road tax, the G1’s base model could end up costing substantially less than fuel 2-wheelers, said the company. Beginning in November 2021, deliveries will […] Read more
Global Power Sector Emissions Increases by 5% : EMBER Updated On Wed, Aug 25th, 2021 by Saurenergy A new report published by energy think tank Ember reveals that rising global electricity demand in the first half of 2021 outpaced growth in clean electricity, which led to an increase in emissions-intensive coal power. As a result, global power sector emissions increased beyond pre-pandemic levels. “Catapulting emissions in 2021 should send alarm bells across […] Read more
Japan to Recycle Solar Modules Using Blockchain Tech Updated On Wed, Aug 25th, 2021 by Saurenergy Solar PV manufacturer Next Energy and trading and investment business conglomerate Marubeni are partnering to recycle used solar panels using blockchain technology, as part of a programme supported by Japan’s Ministry of the Environment. Mitsubishi Research Institute will also assist the two companies in developing and demonstrating the potential of blockchain in reporting and recording information […] Read more
RUMSL Invites Bids for ESIA of 600 MW Floating Solar Project in MP Updated On Wed, Aug 25th, 2021 by Saurenergy The Rewa Ultra Mega Solar Limited (RUMSL) is seeking bids from consultants for the Environmental and Social Impact Assessment (ESIA) of a 600 MW floating solar PV project and its auxiliary structures (including floating/ marine structures, transmission infrastructure, etc.) located in the Kaveri Branch reservoir of Omkareshwar Dam, Madhya Pradesh. The move was long awaited, […] Read more
