Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
US Solar Market Witnesses Best 1st Quarter in History Updated On Wed, Jun 19th, 2019 by Saurenergy In the first 3 months of the year, the U.S. installed 2.7 GW of solar PV, making it the most solar capacity ever installed in the first quarter of a year. According to a new report, in the first three months of the year, the U.S. installed 2.7 GW of solar photovoltaics (PV), making it […] Read more
Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd. Updated On Mon, Apr 22nd, 2019 by Saurenergy Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […] Read more
Tamil Nadu Sets Generic Tariff For Solar Projects at Rs 3.04/kWh Updated On Thu, Apr 4th, 2019 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has in its latest order set the generic tariff for procurement of solar PV power in the state to Rs 3.04 per kWh. The tariff will apply to the procurement from all solar PV projects of capacity 1 MW and above. The control period of this order will […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
GE’s Largest Onshore Wind Turbine Prototype Operational in Netherlands Updated On Fri, Mar 15th, 2019 by Saurenergy The Cypress 5.3 MW prototype was installed in late 2018 and produced its first kilowatt in February 2019. GE Renewable Energy has announced that its prototype for the Cypress platform, the largest onshore wind turbine for GE in the field, has been successfully installed and is fully operational, producing power at a rated level of […] Read more
Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain Updated On Mon, Mar 11th, 2019 by Saurenergy News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […] Read more
JinkoSolar builds momentum for Transition to Mono PERC Modules in India Updated On Wed, Feb 27th, 2019 by Saurenergy JinkoSolar claims to have repositioned itself as a premium market leader in India, especially in the mono PERC technology segment. China-based JinkoSolar has posted its best quarterly result ever in India, with sales performing positively in Q4, delivering close to 160 MW panels. The company says it has achieved a 24% market share in the […] Read more