News Briefs Nov 28- Indonesia’s 75 GW RE target, KKR Acquires Encavis, SolarZero Drops to Zero Updated On Thu, Nov 28th, 2024 by Saurenergy Indonesia Plans 75 GW of RE By 2040 One of the few bright spots from the G20 meet meet in Brazil was the announcement by Indonesian president Prabowo Subianto, of a 75GW renewable energy capacity target for the country. Solar is expected to be a key part of this 75 GW target, which will also […] Read more
2024: US Clean Energy Investment Announcements Rose To $1tn Updated On Wed, Nov 27th, 2024 by Saurenergy United States (US) recently saw a surge in private sector clean energy investment. The country saw the investment reaching $1 trillion in clean energy, semiconductors, and other advanced manufacturing initiatives. The move is set to see a spur in catalyzing growth of clean energy in the United States (US). The data shows that announced investments […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects Updated On Wed, Nov 27th, 2024 by Saurenergy NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […] Read more
Green Stocks Nov 26: Weak Market, Weaker Green Stocks Performance Updated On Tue, Nov 26th, 2024 by Saurenergy As the market struggled to find a decisive direction today, our green pack had problems of its own. The biggest green developer, Adani Green Energy continued it’s slide into new depths, cracking past Rs 900 after news that JV partner Total Energies would be pausing further investments till clarity emerges on the US indictments. The […] Read more
RE Evacuation From Khavda To Nagpur Set To See A Fillip Updated On Tue, Nov 26th, 2024 by Saurenergy The evacuation of renewable energy from Khavda Renewable Energy Park is set to get a fillip. Power Grid Corporation of India Ltd (POWERGRID) has awarded a contract to develop a high voltage direct current (HVDC) link. This link will aid in the transmission of green from Khavda to Nagpur. This is set to be used […] Read more
Green Stock Nov 25: Mirroring Market, Most Stocks Mount Recovery Updated On Mon, Nov 25th, 2024 by Saurenergy Even as most green stocks mirrored the broader rebound seen in the Indian markets, Adani Green continued to struggle, slumping a further 6% today. The Green energy developer has been caught up in a US district court indictment, besides SEC charges of alleged wrongdoing in power contracts in India. The other stocks to have a […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
First Move To Target IRA Incentives Takes Shape In US Congress Updated On Mon, Nov 25th, 2024 by Saurenergy In an early indication and test on the impact a Trump Presidency will have on its clean energy ambitions, the US House of representatives has a bi-partisan resolution to consider. The resolution in question proposes suspension of the 45X Advanced Manufacturing Production Tax Credit (PTC) in the US, an incentives that has been a key factor […] Read more
