BiPV Global Market to Grow to US$23.3 B by 2027, Says Report Updated On Mon, Aug 23rd, 2021 by Saurenergy Amid the COVID-19 crisis, the global market for building integrated photovoltaics (BiPV) is estimated to grow from US$10.3 billion in the 2020 to reach US$23.3 billion by 2027, says a new report entitled “Building Integrated Photovoltaics (BiPV) – Global Market Trajectory & Analytics.” The full report can be accessed here. The CAGR over the analysis period 2020-2027 […] Read more
25 MW Floating Solar Plant Commissioned by NTPC in Andhra Pradesh Updated On Mon, Aug 23rd, 2021 by Saurenergy The National Thermal Power Corporation (NTPC) Ltd has commissioned the largest floating solar PV project of 25MW on the reservoir of the Simhadri thermal station in Visakhapatnam, Andhra Pradesh. This is the first solar project to be set up under the Flexibilisation Scheme, which was notified by the Government of India in 2018. The solar […] Read more
KERC Sweetens Rooftop Solar tariffs To Rs 4.02/unit to Drive Adoption Updated On Fri, Aug 20th, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission has passed an order on generic solar tariffs for the state. It has hiked solar rooftop tariffs to Rs 4.02, mainly in an effort to increase rooftop solar adoption, an area where the commission felt progress had been tardy. KERC has determined the generic tariff as follows: For grid connected […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar PV Systems for FY22 Updated On Fri, Aug 20th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year i.e. 2021-22 (FY22). Benchmark costs for FY22 for general category states/UTs are as follows: Benchmark costs for Special Category States/UTs (i.e. North-Eastern States including Sikkim, Himachal […] Read more
Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh Updated On Fri, Aug 20th, 2021 by Saurenergy Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […] Read more
Tesla & Local Partners to Build Storage Facility in Japan Updated On Fri, Aug 20th, 2021 by Saurenergy US auto major Tesla is partnering with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system. Tesla will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid […] Read more
MSEDCL Issues Tender for 487 MW Solar Projects Under Component A of KUSUM Scheme Updated On Fri, Aug 20th, 2021 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for bids under component A of the KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan) scheme, that has a focus on improving incomes of farmers and generating solar power at the scale. Until now, most of the solar success under KUSUM has been […] Read more
Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
Will Concentrated Solar Power be Reborn? Report Says Yes Updated On Thu, Aug 19th, 2021 by Saurenergy Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […] Read more