India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
TopCon Technology: The Next Big Thing in Solar Module Manufacturing Updated On Wed, Oct 11th, 2023 by Saurenergy A latest report by the National Renewable Energy Laboratory (NREL) says that TopCon solar cells have achieved up to 28% conversion efficiencies, surpassing traditional solar cells’ efficiencies. And we are here to witness the evolution. The solar industry to improve and evolve has been witnessing rapid advancements in technology which is mainly aiming for efficiency […] Read more
Cabinet Approves Change In MMDR Norms To Specify Royalty For Lithium Updated On Wed, Oct 11th, 2023 by Saurenergy Union Cabinet chaired by the Prime Minister Narendra Modi today approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’). The amendment was meant for specifying rate of royalty for three critical and strategic minerals–Lithium, Niobium and Rare Earth Elements (REEs). Recently, the Mines and Minerals (Development and […] Read more
Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing Updated On Wed, Oct 11th, 2023 by Saurenergy Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
Sofar Set To Expand In C&I and Utility-Scale Projects: Sunil Tiku, Sofar Updated On Tue, Oct 10th, 2023 by Saurenergy Sofar Solar, which entered the Indian market six years back with its inverters, is now diversifying its products and reach. The firm, which initially tried to penetrate the residential market and focussed more on Original Design Manufacturer (ODM) partnerships, is now trying to make inroads into the country’s Commercial and Industrial (C&I) and utility-scale projects. […] Read more
For Solar Cell Makers, TOPCon Is More Viable Than HJT: Bharat Bhut, Goldi Solar Updated On Tue, Oct 10th, 2023 by Saurenergy With the advent of new and advanced solar cell technologies globally, different solar module and solar cell manufacturers have jumped onto the bandwagon to introduce more efficient technologies. With TOPCon and Heterojunction Technology (HJT) competing over their average effectiveness, Indian solar cell manufacturers find TOPCon more commercially viable for solar cell manufacturers compared to HJT […] Read more
India Had No Offshore Wind Capacity Installation As Of May 2023: GWEC Updated On Tue, Oct 10th, 2023 by Saurenergy The ‘GWEC Global Offshore Wind 2023’ report cites that for fulfilling demand for large offshore wind, and turbine installation of vessels requires trained workforce with adequate operational knowhow for regional cooperation in the APAC Asia–Pacific region. The study finds that its timely deployment will foster cooperation especially in new markets such as India, the Philippines, […] Read more
Govt Plans Imposing 10% RE Generation Obligation (RGO) For Coal Plants Updated On Mon, Oct 9th, 2023 by Saurenergy The Ministry of Power has been mulling to impose up to 10 percent Renewable Generation Obligation (RGO) for the new and old coal-fired thermal power plants and lignite plants in the country. It has put forth a new draft notification proposing the plan. It has asked the stakeholders to submit their feedback within 15 days. The new […] Read more