Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance Updated On Wed, Apr 8th, 2020 by Saurenergy Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […] Read more
Pandemic to Hit Global EV Growth by 43% in 2020 Updated On Wed, Apr 8th, 2020 by Saurenergy Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […] Read more
India’s Solar Energy Plans Bogged Down With Supply Chain Issues Updated On Wed, Apr 8th, 2020 by Saurenergy Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […] Read more
Will China’s Massive 500 GW Solar Manufacturing Expansion Happen? Updated On Wed, Apr 8th, 2020 by Saurenergy One of the toughest tasks for any journalist covering the solar manufacturing sector is sorting reality from mere announcements in the hub of the industry, China. From being an outlier till early 2000’s, China has emerged as the engine of growth for the sector, in more ways than one. For unlike some other sectors, in […] Read more
At Rs 5.38 per unit, Vietnam’s FIT Rates Keep Developers Interested Updated On Wed, Apr 8th, 2020 by Saurenergy Vietnam, a late entrant to the solar race, but catching up fast with close to 5.69 GW of installed capacity by end 2019, has just announced its FIT (Feed-in-Tariff) rates for projects that are completed by December, 2020. The prices, according to developers involved with projects in the country, as well as some corporate rooftop […] Read more
The WoodMac Weekly Global Energy Round Up Updated On Wed, Apr 8th, 2020 by Saurenergy Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […] Read more
$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac Updated On Tue, Apr 7th, 2020 by Saurenergy Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […] Read more
IntelliSmart Ropes in Anil Rawal as CEO to Ramp up Smart Metering Program Updated On Tue, Apr 7th, 2020 by Saurenergy With an aim to further ramp up government’s smart metering program in next few years, IntelliSmart Infrastructure Pvt Ltd, a joint venture of Energy Efficiency Services Ltd (EESL) and National Investment and Infrastructure Fund (NIIF), has roped in Anil Rawal as its Chief Executive Officer (CEO). Rawal will be responsible for the company’s operations on […] Read more
Engie Bags 235 MW of Wind and Solar Tenders in France Updated On Tue, Apr 7th, 2020 by Saurenergy Engie has been awarded a total of 235 MW capacity in the latest tender results announced by the Minister for Ecological and Inclusive Transition in France Last week, the French Minister for Ecological and Inclusive Transition Elisabeth Borne had announced the results of the latest solar and wind tenders in France, contributing to the goals […] Read more
