Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
7th PVEL Scorecard Ranks 26 Module Manufacturers as Top Performers Updated On Thu, May 27th, 2021 by Saurenergy California-headquartered PV Evolution Labs (PVEL), an independent test lab for the downstream solar and energy storage industry, recently published its 2021 PV Module Reliability Scorecard, which names 117 model types of PV modules from 26 manufacturers as Top Performers in PVEL’s testing. The 7th edition of the Scorecard applauds the widespread adoption of technical advances […] Read more
US-UK Companies Launch JV for 10 GW Wind Turbines in North Atlantic Updated On Mon, May 24th, 2021 by Saurenergy Anglo-US renewable energy company Hecate Independent Power Ltd (HIP) and UK power plants developer Independent Power Corporation PLC announced on Friday the launch of their joint HIP Atlantic Project, under which 10 GW of fixed and floating offshore wind turbines will be installed in the North Atlantic to supply electricity to the UK power grid. The project’s total […] Read more
About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL Updated On Thu, May 20th, 2021 by Saurenergy In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […] Read more
IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues Updated On Fri, May 14th, 2021 by Saurenergy The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […] Read more
Power Ministry Writes to States/UTs to Issue Tariff Orders on Time Updated On Thu, May 6th, 2021 by Saurenergy The Ministry of Power in a letter to state and UT energy departments and SERCs has requested for the timely issuing of tariff orders The Ministry of Power in a letter to state and UT energy departments and State Energy Regulatory Commissions has requested for the timely issuing of tariff orders under the Electricity Act, […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Logistics Executive Updated On Wed, Apr 28th, 2021 by Saurenergy The Logistics Executive will assist in optimization of all Logistics operations for Freyr energy services under the direct supervision of GM-Operations on Solar PV projects of medium to high complexity. The candidate will also be responsible for floating enquiries, negotiating payment terms, maintaining delivery schedule, evaluating techno-commercial proposals from vendors. Roles and Responsibilities:- Responsible for […] Read more
RWE’s Panther Creek III Wind Farm Undergoes Repower Updated On Tue, Apr 27th, 2021 by Saurenergy Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: “Repowering Panther Creek III allows us to increase our earnings for this site. In addition, we are able to capture up-to-date turbine efficiency improvements, extending the lifetime of this facility. Panther Creek III has been an excellent performer for us in the past and […] Read more
