Norway Will Help Vietnam Uncover its Offshore Wind Power Potential Updated On Mon, Nov 15th, 2021 by Saurenergy Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the ‘Vietnam Supply Chain Study Report’ to Vietnamese Minister of Industry and Trade Nguyen Hong Dien. The 70-page report provides an overview of the entire supply chain for Vietnam’s offshore wind industry, recommendations on what Vietnam can prioritise to stimulate the […] Read more
Engie, Credit Agricole Agree To buy Spanish Form Eolia Renewables for €2 bn Updated On Mon, Nov 15th, 2021 by Saurenergy French energy major Engie and insurance firm Crédit Agricole Assurances acquiring Spanish renewable energy company Eolia Renovables. By the end of the transaction, the two firms will own 97.33 % of Eolia. The deal will add 821MW of onshore wind capacity, 78MW of solar photovoltaic (PV) capacity and a pipeline of renewable projects whose total […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Has Punjab Scored A Self Goal With Its Talk Of Renegotiating Solar tariffs? Updated On Mon, Nov 8th, 2021 by Saurenergy News Reports of the government of Punjab contemplating renegotiation of solar power rates for pre 2016 projects paint a strange picture. While the reports quote the view of Punjab government sources that the difference in rates between then and now is too high to be allowed, they don’t mention the fate of the other state […] Read more
Aker Offshore, Ocean Winds and Statkraft Team Up For Offshore Wind in Norway Updated On Mon, Nov 8th, 2021 by Saurenergy Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. While Akers and StatKraft are Norway based firms, Ocean Winds is the result of a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE […] Read more
MNRE Acknowledges Supply Disruptions In PV Imports With Order On Dispute Resolution Updated On Fri, Nov 5th, 2021 by Saurenergy It is no secret that import schedules of PV modules and even cells have been hit in recent months due to the series of disruptions in the exporting markets, especially China, and linked to that, even some of the main South East Asian exporters. With developers finally running into the delays that have been predicted, […] Read more
Nextracker First To Reach 50 GW Solar Tracker Shipments Globally Updated On Wed, Nov 3rd, 2021 by Saurenergy Nextracker™ has announced the crossing of the 50 gigawatts (GW) in global shipments for it. The achievement makes it the first solar tracker firm to get there, and marks the relevance of a technology that is on the ascendance once more, as more efficient modules hit the market. The 50 GW figure is equivalent to […] Read more
Inverter Major Sungrow Hits 10 GW Shipment Record In India Updated On Tue, Nov 2nd, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has breached a new milestone for PV inverter shipments in India – 10 GW. Gratifyingly for the firm, it has not been even one year since the last 7 GW record, announced in January 2021. The company has clearly done well from the sharp recovery of […] Read more
Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more
