China Module Exports Grow 112% to 37.2 GW In Jan-Mar 2022, Thanks To Europe, India Updated On Fri, May 6th, 2022 by Saurenergy Export data from the China Customs compiled by Taiwan based researcher PV InfoLink shows that China exported 9.6 GW, 14.0 GW, and 13.6 GW of modules respectively in the first three months of the year, totaling 37.2 GW of export volume in the first quarter this year, a 112% of YoY increase. The numbers validate […] Read more
Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
Borosil Renewables Q4 Results Remain Strong, Faster Growth Awaits Updated On Fri, May 6th, 2022 by Saurenergy India’s key solar float glass manufacturer, Borosil Renewables Limited has declared its results for Q4 of FY 2021-22, and the results have been on trend. The firm, which has enjoyed a very strong resurgence in prospects and its financials over the past two years as demand has grown worldwide, reported total income of Rs. 182.3 […] Read more
SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit Updated On Fri, May 6th, 2022 by Saurenergy In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […] Read more
‘Big Battery’ fuels revenue jump at French renewables group Neoen Updated On Wed, May 4th, 2022 by Saurenergy French renewable power producer Neoen ‘s first-quarter revenue jumped by more than a third, helped by the commissioning of one of the world’s largest lithium-ion batteries in Australia, the company said on Tuesday. Neoen, which specialises in solar farms, onshore wind and energy storage, posted overall sales up 36 per cent at 109 million euros […] Read more
AGEL gets shareholders’ approval for Rs 3,850 cr invt by Abu-Dhabi firm Updated On Wed, May 4th, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is Abu Dhabi-based IHC Capital Holding LLC. At the […] Read more
Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050 Updated On Wed, May 4th, 2022 by Saurenergy Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
NSEFI Writes To Fin Min For GST Concessions On Green Technologies Updated On Mon, May 2nd, 2022 by Saurenergy Leading solar body NSEFI (National Solar Energy Federation of India) has pitched to Finance Minister Nirmala Sitharaman, asking for concessional GST and custom duties on emerging technologies and goods essential to encouraging the green transition. “As emerging technologies require time and scale to reach price parity with existing carbon-based energy systems, concessional GST & Custom […] Read more
