Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
EU Focus On Renewables Could Add 69 GW in 2023 Updated On Mon, Jun 12th, 2023 by Saurenergy The EU’s renewed focus on renewable energy is no secret, especially after the Russian-Ukraine war that started last year. New reports indicate that the continent could see additions of as many as 69 GW in renewable capacity, mostly solar, in 2023. That, combined with a high focus on bringing manufacturing back to the region, indicates […] Read more
As Solar Panel Prices Drop to $0.2/W and Below, Chinese Majors Unfazed On Expansion Plans Updated On Mon, Jun 12th, 2023 by Saurenergy Even as module prices fell below the widely watched $0.2/W levels in China, the biggest integrated manufacturers continue to move ahead on their expansion plans. Tongwei, the Chengdu-based food and aquaculture firm that was happy to stop at cell manufacturing until a little over a year back, has moved aggressively into module manufacturing in the […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
FIMER to Introduce PV & E-Mobility Solutions on European Stage Updated On Thu, Jun 8th, 2023 by Saurenergy Solar Inverter firm FIMER, confirming its presence at the largest European event dedicated to the energy sector, said that it is set to launch new solutions for the solar and EVI markets. These will be showcased at The Smarter Europe 2023 scheduled from the June 14 to 16, 2023 in Munich. FIMER Offerings The firm […] Read more
Oil India Invites Bids for Consultancy Services for 100 MW Solar & Wind Plants Updated On Wed, Jun 7th, 2023 by Saurenergy Oil India has invited bids for consultancy services for 100 MW ground-mounted or floating solar and wind power plants in India. The last date to submit the bids is June 27, 2023. The successful bidder will be responsible for preparing a pre-feasibility report and a detailed project report. The reports will delve into wind and […] Read more
Faster RE Deployment In West Africa Could Save Millions By 2030-Wärtsilä Study Updated On Wed, Jun 7th, 2023 by Saurenergy Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. […] Read more
EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions Updated On Sun, Jun 4th, 2023 by Saurenergy EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […] Read more
India’s Utility Scale Renewable Growth To Face Hurdles In 2023 to 2024: IEA Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India is likely to see an increased installation of renewable energy in 2023 and 2024. It attributed this to some of the positive developments in the sector. The global report titled ‘Renewable Energy Market Update’ gives a projection of the growth of renewable energy across the […] Read more
