Sweden Embarks on 120 TWh Offshore Wind Energy Updated On Thu, Feb 17th, 2022 by Saurenergy Sweden has come up with a massive new marine plan wherein the government has committed itself to develop 120 TWh offshore wind energy in the coming few years to fulfil the power needs of the country. The Swedish Energy Agency has already identified three key areas to begin with. The Swedish government has identified three […] Read more
Oriano to Set Up 70 MWp Phase I of Chhattisgarh Solar Project Updated On Thu, Feb 17th, 2022 by Saurenergy Indian utility scale solar power development & EPC company Oriano has announced an order win for a major captive solar project under C&I segment in Chhattisgarh. The total project capacity accumulates to 168 MWp and the first phase of 70 MWp will be commissioned by mid-April 2022 to be evacuated at 132 kV. Balance capacity […] Read more
Jinko’s new Tiger Neo 605 panel targets both utility and commercial projects Updated On Wed, Feb 16th, 2022 by Saurenergy Even as 2020 marked a decisive shift to higher output (500 Wplus) modules, JinkoSolar’s Tiger Neo, with an efficiency up to 22.3%, and a promise to have 15-20W more wattage than the conventional p-PERC panel of the same size is set to be a frontrunner. Unlike other panels whose higher power comes from enlarged sizes, […] Read more
China’s sunset on wind and solar subsidies could impact climate change efforts: IFFRAS Updated On Wed, Feb 16th, 2022 by Saurenergy International Forum for Rights and Security (IFFRAS) – a Canada based think tank – has reported that the renewables’ expansion that has been in full flow in China can see a reversal. In 2021, China finally ended many subsidies on solar and wind energy. This will discourage the use of cleaner sources of energy and […] Read more
UK’s National Grid to Get Stability Services from RE for First Time Updated On Tue, Feb 15th, 2022 by Saurenergy Britain’s National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to decarbonising the power sector and as more fossil fuel generators go offfline. Britain has a target to reach net zero emissions by 2050 which will require a huge […] Read more
Sterling & Wilson Renewable Energy Reports ₹429 cr Loss in Dec Quarter Updated On Tue, Feb 15th, 2022 by Saurenergy Sterling and Wilson Renewable Energy (SWREL) on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021. The company had posted a consolidated net profit of Rs 22.45 crore in the quarter ended December 2020, according to a BSE filing. Total income of the company stood at Rs 1,502.23 […] Read more
CERC pushes Developers to settle Change in law issues with SECI directly, not in court Updated On Tue, Feb 15th, 2022 by Saurenergy In two recent judgements, the Central Electricity Regulatory Commission (CERC) rejected projects developers’ plea to intervene in the cases of claims arising out of Change in Law (CIL) events before the petitioners had attempted to mutually settle the matter with the parties involved in their respecting Power Purchase Agreements (PPAs), i.e. the Solar Energy Corporation of […] Read more
‘Rebirth of France’s Nuclear Industry’ Key for Net Zero by 2050, Says Prez Updated On Mon, Feb 14th, 2022 by Saurenergy French President Emmanuel Macron has presented his country’s goal of achieving CO2-free energy by 2050, starting with using more nuclear and renewable energy. Speaking in Belfort, north-eastern France, Macron outlined measures including the construction of solar parks, underwater wind farms, and six European pressurized nuclear reactors (EPR2s), reports Xinhua news agency. An additional eight EPR2 […] Read more
Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen Updated On Mon, Feb 14th, 2022 by Saurenergy Corporate contracted capacity in Europe hit 6.5GW in 2021, versus 4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022. The resurgence of corporate PPA’s, at a time when […] Read more