The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
Amid Rising Module Cost, Returns of Projects May Drop by 200 bps: Crisil Updated On Mon, Jun 28th, 2021 by Saurenergy According to CRISIL Ratings’ estimates, rising module prices may diminish returns for 12 GW of bid out solar projects by ~200 bps and inflate tariffs of future bids by 10-15 paise per unit. CRISIL, an Indian subsidiary of the US company S&P Global, is an analytical company providing ratings, research, and risk and policy advisory […] Read more
“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi Updated On Thu, Jun 24th, 2021 by Saurenergy The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
Hitachi ABB & BW Ideol to Take Offshore Wind Power to Next Level Updated On Thu, Jun 24th, 2021 by Saurenergy Switzerland-headquartered technology company Hitachi ABB Power Grids announced today that it has signed a memorandum of understanding with BW Ideol, a pioneer in floating offshore wind, to accelerate delivering a market-ready floating substation offering and solution to global customers. Floating offshore wind is considered to be the next big frontier in offshore wind power. By […] Read more
ACME Signs Deal With Brookfield Renewable for 450MW Solar Project Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable, an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India. Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender Updated On Tue, Jun 22nd, 2021 by Saurenergy Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […] Read more
GE Renewable Adds 148.5 MW Win From Continuum For Wind Portfolio Updated On Thu, Jun 17th, 2021 by Saurenergy Wind Energy major GE Renewable Energy announced yesterday that it has won a contract from Continuum Green Energy India Pvt Ltd to set up 148.5 MW wind energy capacity in Bhuj wind farm in Gujarat. The deal includes a mandate to supply, install and commission 55 sets of its 2.7-132 onshore wind turbines for the 148.5MW Morjar, Bhuj wind farm […] Read more
