PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain Updated On Thu, Jun 24th, 2021 by Saurenergy Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […] Read more
US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation Updated On Fri, Jun 18th, 2021 by Saurenergy The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […] Read more
Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win Updated On Thu, Jun 17th, 2021 by Saurenergy Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […] Read more
BHEL Tenders for Solar Compact Station Of 8MW Farm in Mauritius Updated On Tue, Jun 15th, 2021 by Saurenergy Engineering and manufacturing PSU, Bharat Heavy Electricals Limited (BHEL) has floated a tender for the supply and commissioning support of Solar Compact Station (SCS) for 8 MWac solar PV farm at Tamarind Falls, Henrietta, Mauritius. A Solar Compact Station (SCS) is a large-scale PV system devised for the supply of merchant power into the electricity […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA Updated On Fri, Jun 11th, 2021 by Saurenergy The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […] Read more
Solar Generated Maximum Electricity Among all Renewables in Australia Updated On Thu, Jun 10th, 2021 by Saurenergy Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […] Read more
AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia Updated On Fri, May 28th, 2021 by Saurenergy The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […] Read more
