Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally Updated On Thu, Dec 2nd, 2021 by Saurenergy E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
Top 3 Transcontinental Solar Energy Transmission Projects Updated On Tue, Nov 23rd, 2021 by Saurenergy Back in October 2018, when Prime Minister Narendra Modi first articulated the idea of One World One Sun One Grid (OWOSOG), perhaps even he wouldn’t have expected the progress the idea has made since. Besides being announced formally as an objective at the COP 26 meet recently, the idea of OWOSOG has made enough progress […] Read more
Annual PV Installations to Cross 200 GWdc Mark in 2022: IHS Markit Updated On Thu, Nov 18th, 2021 by Saurenergy Global solar PV installations will see over 20% growth in 2022 and surpass the 200 GWdc barrier for the first time, at a total investment of at least $170 billion, despite continuing rising costs of production, according to a new report by the Clean Energy Technology service at U.K.-based market observer IHS Markit. Until recently, declining […] Read more
UPNEDA Invites Bids for Empanelment for 38 MW Rooftop Solar Plants Updated On Wed, Nov 17th, 2021 by Saurenergy The Uttar Pradesh New & Renewable Development Agency (UPNEDA) has invited e-bids from eligible vendors interested in being empanelled for the design, supply, erection, testing and commissioning, including warranty and comprehensive operation & maintenance, of 38 MW of grid-connected rooftop solar plants for residential consumers under CAPEX model for a period of five years in Uttar Pradesh. […] Read more
Thermal Generators Allowed To Bundle Renewable In Existing PPA’s Updated On Wed, Nov 17th, 2021 by Saurenergy In one of a promised series of moves to encourage more renewable adoption, the Power Ministry and MNRE have revised guidelines for thermal power producers to allow them to add renewable energy within existing PPA’s. The move has been backed by Power and MNRE Minister R.K. Singh. The new guidelines provide for thermal generation companies […] Read more
APERC Go Ahead For AP Discoms Purchase of 7 GW Solar Power from SECI Updated On Tue, Nov 16th, 2021 by Saurenergy According to a recent notification, the Andhra Pradesh Electricity Regulatory Commission (APERC) has granted Andhra Pradesh distribution companies (DISCOMs) approval of their proposal to procure 7000 MW solar energy in three tranches from the Solar Energy Corporation of India (SECI), permitting them to enter into tripartite power sale agreement (PSA) subject to the determination of […] Read more
Norway Will Help Vietnam Uncover its Offshore Wind Power Potential Updated On Mon, Nov 15th, 2021 by Saurenergy Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the ‘Vietnam Supply Chain Study Report’ to Vietnamese Minister of Industry and Trade Nguyen Hong Dien. The 70-page report provides an overview of the entire supply chain for Vietnam’s offshore wind industry, recommendations on what Vietnam can prioritise to stimulate the […] Read more