56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad Updated On Fri, Oct 29th, 2021 by Saurenergy The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […] Read more
MoP Revises Terms of Reference of NCT to Fast-track ISTS Process Updated On Fri, Oct 29th, 2021 by Saurenergy The Ministry of Power (MoP) has revised the terms of reference of National Committee on Transmission (NCT) to fast-track Inter State Transmission System (ISTS) planning and approval process, thereby facilitating renewable energy development and integration in the power system. “As one more step in the series of major reforms being carried out in the power […] Read more
AGEL Q2 FY 22 Results Out: ₹859 cr Cash Profit in H1, RE Portfolio 20,284 MW Updated On Fri, Oct 29th, 2021 by Saurenergy Adani Green Energy Ltd. (AGEL), the green arm of the Adani Group, has released the financial results for the quarter and half year ended September 30, 2021, reporting that cash profit increased by 45% to Rs. 859 crores in H1 FY22. The company’s overall renewable portfolio increased to 20,284 MW during this period. The Operational […] Read more
Solar Energy Specialist Updated On Thu, Oct 28th, 2021 by Saurenergy Responsible for providing technical guidance to design and project execution teams on concepts, value engineering and best practices that apply to design delivery of renewable solar energy facilities. Shall bring to bear profound knowledge of available technologies, technology advancements around the globe, equipment, systems and hardware offerings that are state-of-the-art, and design and erection options […] Read more
Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA Updated On Thu, Oct 28th, 2021 by Saurenergy The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […] Read more
Projects to Create Green Grid, CCS Hubs Across ASEAN, Australia Updated On Thu, Oct 28th, 2021 by Saurenergy National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources and form a green power grid in the region, according to media reports. Below are some of the projects engaged in developing this green grid that have been announced: ASEAN Members of the Association of Southeast Asian Nations […] Read more
Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
India Added >10 GW Solar & Wind Capacity from Jan-Sept’21: Report Updated On Wed, Oct 27th, 2021 by Saurenergy From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India, according to a new report by JMK Research. This is about 280% and 101%, respectively, higher compared to the same period previous year. The key reason for the significant increase is the commissioning of […] Read more