Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC Updated On Thu, Mar 25th, 2021 by Saurenergy 2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Chinese NEV, HEV Sales to Rise Over 15-fold by 2035: WoodMac Updated On Thu, Mar 25th, 2021 by Saurenergy Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy Vehicle Technology Roadmap 2.0, China aims to phase out conventional internal combustion engine […] Read more
BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
AfDB Funds $530 Mn Transmission Line in Angola to Boost Renewable Distribution Updated On Mon, Mar 22nd, 2021 by Saurenergy AfDB to finance transmission line that will connect the north and south grids in Angola and allow for the distribution of clean energy The African Development Bank (AfDB) has committed USD 530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
Material Shortage to Increase Module Prices in 2021 Updated On Thu, Mar 18th, 2021 by Saurenergy The module makers eventually cannot bear the cost pressure anymore which is transmitted from upstream sector as material shortages continues ascend. This is reflected in the actions of almost all industry giants like JinkoSolar, Longi, JA, which reversed their price cut policy and raise their bid quotation, others have already notified their customers of the […] Read more
Will Module Price Skyrocket in 2021? Updated On Thu, Mar 18th, 2021 by Saurenergy 80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […] Read more
