The 5 Questions 2023 Could Answer for Renewable Energy in India Updated On Tue, Feb 21st, 2023 by Saurenergy India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […] Read more
FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects Updated On Tue, Feb 14th, 2023 by Saurenergy FTC Solar, a US-based solar tracker manufacturer, has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel, will focus on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin […] Read more
Employment in Solar & Wind Sector Rises Eight-Fold, New Study Points Updated On Mon, Feb 13th, 2023 by Saurenergy A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial year 2021. The new study is done by the Council […] Read more
France Pushes Rooftop Solar With Mandate for Solar Parking Lots Updated On Thu, Feb 9th, 2023 by Saurenergy A parliamentary legislation for France that is as interesting as it is environment-friendly, seeks to mandate the installation of solar panels on car parks. This is mandatory for areas stretching over 1,500 square meters. Soon, it should be common to spot solar panels along the country’s large parking lots. Parking lots in fact, offer one […] Read more
Navigating India’s Energy Transformation Through JETP Approach Updated On Wed, Feb 8th, 2023 by Saurenergy Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Budget 2023 Offers No Surprises, Focus On Continuity Updated On Wed, Feb 1st, 2023 by Saurenergy With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Government Extends Deadline For Pending Solar And Solar Wind Hybrid Projects Updated On Mon, Jan 30th, 2023 by Saurenergy In an official letter addressed to management at SECI, NTPC and NHPC, the Ministery of New and Renewable Energy (MNRE) has extended the deadline up to March 2024 for under implementation solar and solar wind hybrid projects. the new deadline is applicable for project bids finalized before March 9,2021. As per the announcement made by […] Read more
