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Polysilicon Prices Continue Slide, Developers Hopeful Of Lower Solar Module Prices

For all the record capacity additions and installations in solar power, polysilicon prices have continued their downward move, halfway into 2023. Rising polysilicon prices, Prices that had peaked at CNY (Chinese Yuan) 360,000/mt ($39/kg) have dropped to as low as 80,000 CNY/Mt (around $9.5 /kg), helping push down solar panel costs for manufacturers. Even as []

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Despite A Volatile Market, Wind Energy Blows Strong

It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade.   Global Trends  2023: Big Start, Bigger Finish The wind sector is back []

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Chinas Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices

Chinas rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, Chinas offshore wind sector has experienced a significant reduction in prices, presenting a promising development []

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SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender

State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava []

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Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May

In a good sign for Indias summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent []

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NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually 

Indias largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned []

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Power Exchange Prices Likely To Remain Competitive For Next 10 Months: IEX 

The Indian Energy Exchange (IEX) claimed that with the global fuel prices coming down and other favourable conditions, the clearing prices in Indian power exchanges are likely to remain competitive for the next few months, unlike 2022-23. SN Goel, Chairman, and Managing Director of IEX, claimed that the trend would likely prevail for the next []

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RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan 

In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur.  The RERC order came to the fore after the discoms in Rajasthan moved a []

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5 Solar Energy Myths That Need To Be Buried For Good

Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you []

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