Foxconn In Tie-up With PTT Thailand For Electric Vehicle Push Updated On Wed, Jun 2nd, 2021 by Saurenergy Foxconn Trading Group, popularly known simply as Foxconn, is a contract electronics manufacturing giant that is best known for being the largest vendor for Apple for its Iphones and more. The Taiwanese firm has plants in China, as well as a presence in India now. With aggressive plans to get into electric vehicle manufacturing, the […] Read more
India’s May Power Consumption Grows, Despite Setbacks Updated On Wed, Jun 2nd, 2021 by Saurenergy Power consumption in India grew by over 8.2 per over in May 2021 over the same period in 2020. At 110.47 billion units (BU), the numbers indicate a poor recovery over the figure of 120.02 BU recorded in May 2019, the pre-covid impact year, which really should be the reference for this year. May 2020 […] Read more
25 Years Life? PVEL Rings Alarm On High Failure Rate Among Modules Updated On Tue, Jun 1st, 2021 by Saurenergy Solar’s huge rise has been matched with an even bigger expansion in capacity, primarily in China, and now, the rest of the world too. With manufacturing capacities rising from 25 GW in 2015 to over 400 GW today. These have driven costs lower, even as incremental innovations across the value chain have also helped. For […] Read more
CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
SW Solar Hit By Disruptions, Estimates Impact At Rs 160-170 Cr For 2020-21 Updated On Thu, May 27th, 2021 by Saurenergy Sterling And Wilson Solar, India’s leading Solar EPC firm and among the global elite in the segment, had seen it fit to inform the stock exchanges of a material impact on its business on May 16. The impact related to the year ending March 2021, where the firm is yet to declare its Q4, and […] Read more
Say Goodbye To 2020’s Low Solar Bids, As Price Hikes Continue In Modules, Cells Updated On Wed, May 26th, 2021 by Saurenergy The record low prices last seen in GUVNL’s 500 MW auction, when NTPC won with a bid of Rs 1.99/ unit, may be a distant memory as solar equipment prices continue their upward march in 2021. Those low prices in the last big auction of 2020, blamed on NTPC flexing muscle and projections of a […] Read more
1.2 GW Wind Tender With ISTS From SECI. MP To Be Key Power Buyer Updated On Wed, May 26th, 2021 by Saurenergy Large tenders for renewable energy have returned after a short gap, this time with a Wind tender. The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1,200 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XI). Projects can be located anywhere in India, although power procured by SECI from […] Read more
CERC Shunts SP Infra Plea On Rihand Floating Solar UPERC’s Way, Citing Jurisdiction Updated On Tue, May 25th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in an order that will hopefully show the way to many similar pleas, has refuse to consider a plea by Rihand Floating Solar Private Limited regarding return of its bank guarantees for the said project from SECI. Rihand Floating Solar is a special purpose vehicle set up by Shapoorji […] Read more
