Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Net-Zero Emissions in India Possible by 2050, but Challenging: Report Updated On Wed, Mar 24th, 2021 by Saurenergy A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […] Read more
Mainstream OEMs Ready to Enter in Electric Two Wheelers Territory: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy According to a report from brokerage firm Motilal Oswal Financial Services, the competitive landscapes of the scooter segment could get changed by the entry of mainstream Original Equipment Manufacturers (OEMs) in the e-scooter territory that may disrupt the electric two-wheelers E2Ws market. The report stated, “It is believed that E2Ws are ready for disruption, particularly […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
Humanising Energy Agenda Emerges From 12th Global Energy Leaders’ Survey Updated On Thu, Mar 18th, 2021 by Saurenergy The 2021 edition shows that energy leaders’ perceptions of areas of risk, opportunity, and priorities for action have radically changed. The World Energy Council has published its annual World Energy Issues Monitor. Now in its 12th year, the report provides a forward-looking assessment of the global energy agenda based on the views of more than […] Read more
US Solar Industry Installed Record 19.2 GW Capacity in 2020: Report Updated On Tue, Mar 16th, 2021 by Saurenergy The US solar industry grew 43% and installed a record 19.2 GW of capacity in 2020, according to the US Solar Market Insight 2020 report The US solar industry grew 43 percent and installed a record 19.2 gigawatts (GW dc) of capacity in 2020, according to the US Solar Market Insight 2020 Year-in-Review report, released by the […] Read more