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
MNRE to Promote Local Manufacturing, Export Hubs for RE: Anand Kumar Updated On Wed, Apr 15th, 2020 by Saurenergy MNRE is planning to identify suitable land sites for RE manufacturing and export services hubs in the country to offset the impact of the COVID-19 The Ministry of New and Renewable Energy (MNRE) has asked state and port authorities to identify suitable land sites for renewable energy (RE) manufacturing and export services hubs in the country to offset the […] Read more
Technology-led Solns Help Turbine Makers Tap Addl Revenue Opportunities: Report Updated On Mon, Apr 13th, 2020 by Saurenergy The new onshore wind energy installation capacity rose by 17 percent to touch 54.2 GW in 2019, as against previous year, mainly on account of decline in wind turbines’ overall costs, as well as ambitious both national & regional level renewable energy targets, says the business consulting firm. As per Frost & Sullivan, the global […] Read more
Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus Updated On Mon, Apr 13th, 2020 by Saurenergy Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […] Read more
Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March Updated On Mon, Apr 13th, 2020 by Saurenergy The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […] Read more
SunnyBAG PowerTAB – A Most Effective Power Charger Updated On Sat, Apr 11th, 2020 by Saurenergy Product Brief: The PowerTAB is a portable solar system that claims to finally make you 100 percent independent. Highly efficient solar panels plus batteries which the firm claims to be like in the Tesla Model S. Product Features: The 5-watt SUNPOWER solar panel charges through highly efficient power management consisting of two cells that […] Read more
Spending to Counteract Covid-19 Creates Opportunity to ‘Tilt to Green’: Report Updated On Thu, Apr 9th, 2020 by Saurenergy The Covid-19 has diverted attention away from global climate change mitigation, however, the European Bank for Reconstruction and Development (EBRD) economists in the latest report says that efforts to counteract the coronavirus create a chance to “tilt to green” the large-scale recovery spending being pledged, making it a key accelerator towards a low-carbon economy. However, […] Read more
Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam Updated On Thu, Apr 9th, 2020 by Saurenergy Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has entered into an inverter supply pact with XBSolar, a Vietnamese clean energy company. As per the deal, the China-based company will supply 40 MW of its commercial and industrial (C&I) and residential inverter solutions to Vietnam within a year. Further, […] Read more
REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy Updated On Thu, Apr 9th, 2020 by Saurenergy The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […] Read more
