Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20 Updated On Mon, Apr 26th, 2021 by Saurenergy The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […] Read more
New Surge in Downstream Demand has Driven the Polysilicon Shortage to a Crisis Point – JinkoSolar Updated On Sat, Apr 24th, 2021 by Saurenergy In an official statement, the global vice president of Chinese solar manufacturer JinkoSolar, Dany Qian, said that polysilicon prices are not expected to drop for at least six months. The company’s general manager for South & Central Asia, Daniel Liu, stated that Jinko is not backing out from any of the signed deals with its […] Read more
Arriving Soon: Solar Panels that Generate Power at Night Updated On Sat, Apr 24th, 2021 by Saurenergy Can solar panels generate energy even when the sun isn’t around? In a major breakthrough, researchers at the University of California have designed a unique night solar panel (NSP) that can produce 50 W under ideal conditions at night, one-fourth of what traditional solar panel produce during the day. In their paper entitled ‘Nighttime Photovoltaic […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
LONGi Clarifies: Didn’t End Contracts With Indian Power Developers Updated On Fri, Apr 23rd, 2021 by Saurenergy In response to recent reports suggesting that Chinese PV manufacturer LONGi, among other solar developers, had withdrawn from signed contracts with Indian power developers due to increasing commodity prices, the company issued a clarification stating that this information being passed around was false and that no such contracts had been terminated. The company claims that […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
bp and Infosys to Collaborate on Reducing Emissions at Campuses and Cities Updated On Fri, Apr 23rd, 2021 by Saurenergy Infosys and bp have signed a MoU under which they intend to work together to develop an integrated Energy as-a-Service (EaaS) offering Infosys, a global leader in next-generation digital services and consulting and bp, a global integrated energy company, have announced that they have signed a memorandum of understanding (MoU) under which both companies intend […] Read more
Solar Sector Rocked By Rising Commodity & Raw Material Prices Updated On Thu, Apr 22nd, 2021 by Saurenergy We have already covered how unexpected events are driving up prices for solar manufacturers. Since the last year, polysilicon has steadily been becoming costlier, initially due to manufacturing facility shutdowns brought on by the pandemic, and more recently because of a strong surge in demand. Firms like JinkoSolar, have rushed to pre-empt criticism and position […] Read more