Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth Updated On Thu, Oct 29th, 2020 by Saurenergy The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […] Read more
Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project Updated On Thu, Oct 29th, 2020 by Saurenergy Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the fate of the 28MW already built, or the power generated there, or even the […] Read more
Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage Updated On Sat, Oct 17th, 2020 by Saurenergy Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […] Read more
Over 17 GW of Wind Turbine Capacity Ordered Globally in Q2 2020: WoodMac Updated On Fri, Oct 16th, 2020 by Saurenergy The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally, according to a new analysis from Wood Mackenzie. The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated USD 16 billion, according to a new analysis […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Wind Energy arm of CLP India Raises Nearly Rs 300 Crore via Green Bonds Updated On Thu, Oct 15th, 2020 by Saurenergy CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures/ green bonds. CLP Wind Farms (India), the wind energy subsidiary of CLP India, has announced that it has raised Rs 296.9 crore through non-convertible debentures/ green bonds. “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has […] Read more
Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL Updated On Thu, Oct 15th, 2020 by Saurenergy Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more