Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act Updated On Fri, Mar 17th, 2023 by Saurenergy Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
Belgian Solar Manufacturer Belinus to Build 5 GW Solar Module Facility in Belgium, Georgia Updated On Wed, Mar 15th, 2023 by Saurenergy Belinus, the Belgian solar manufacturer giant, will be constructing a 5GW solar PV module manufacturing facility in Belgium and Georgia. It said that the solar module factory will be operational by the end of 2025. Belinus held that the solar module factory will be developed in two phases. In the First Phase Belinus will build […] Read more
High Priced Power Portal Launched Formally To Tackle Summer Peaks Updated On Fri, Mar 10th, 2023 by Saurenergy As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
NREL Wins The Battle Of Commissions With GUVNL For 350 MW Solar Projects Updated On Fri, Mar 3rd, 2023 by Saurenergy In a battle involving 350 MW of delayed solar projects in Gujarat, NTPC Renewable Energy Limited has won an early win, with the CERC going with its contention that the Central Regulator is the right forum for any dispute with the state discom, GUVNL, in this case. NREL, the wholly owned subsidiary of NTPC, had […] Read more
Finland, Luxembourg Commit For EU’s Renewable Energy Financing Mechanism Updated On Tue, Feb 28th, 2023 by Saurenergy The implementation of the EU renewable energy financing mechanism has taken an important step forward as binding commitments have come from Finland and Luxembourg who will now take part in a cross-border tender for renewable energy. The announcement by the two countries follows an invitation by the Commission to all EU countries last year to […] Read more
Electric Vehicle Growth Continues: Outlook for 2023 Updated On Wed, Feb 22nd, 2023 by Saurenergy Electric vehicles (EVs) registered a market disrupting growth through the last decade, more so in the last few years. Clean mobility technology remains one of the most important aspects of energy transition across the globe. The year 2022 was a significant year for EVs, and the expectations are that the trend will continue in 2023. […] Read more