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
Borosil Renewables Q2 Analyst Call Takeaways For Solar Sector Updated On Mon, Nov 8th, 2021 by Saurenergy For Borosil Renewables, these are the best of times. The firm, the only producer of solar glass in India, has had a terrific run ever since it completed its capacity expansion last year, timed as it was with the imposition of import duties on imports from Malaysia, Vietnam and China, of course, besides rising demand […] Read more
EVs Reached Record 30% of New Vehicle Registrations in Germany in Oct Updated On Fri, Nov 5th, 2021 by Saurenergy While sales of conventional vehicles have suffered under supply shortages and long delivery times, electric vehicles (EVs) are rolling out of dealerships in Germany. The German Association of the Automotive Industry (VDA) says that in the month of October, for the first time, EVs accounted for 30.4 percent of new vehicle registrations. That’s due to […] Read more
Assistant Manager – PV Performance Engineering Updated On Fri, Nov 5th, 2021 by Saurenergy The Assistant Manager – PV Performance Engineering will be based in Hyderabad, India. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to the Senior Manager – Data Science. The Assistant Manager – PV Performance Engineering will work with the Nextracker […] 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
Beyond Net Zero at 2070. PM Modi Makes Key Promises For India At COP26 Updated On Tue, Nov 2nd, 2021 by Saurenergy Prime Minister Narendra Modi, in his speech at the COP26 Glasgow on November 1, did make a concession to activists demanding a net zero target from India. 2070. If that seems underwhelming (China has a commitment of net zero by 2060), then you might miss the really important part of his promises. The 500 GW […] Read more
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
India Vows to Take up Climate Justice Combat at COP26 Updated On Thu, Oct 28th, 2021 by Saurenergy India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country’s Environment Minister said yesterday. And the world’s third-biggest source of greenhouse gases is not yet guaranteeing that it will offer new mitigation efforts at the crucial conference which […] 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