Rising Steel Costs Chop Off Turbine Maker Siemens Gamesa’s Profits Updated On Mon, Jul 19th, 2021 by Saurenergy Spanish-German wind engineering company Siemens Gamesa Renewable Energy (SGRE) has released preliminary results for the third quarter of financial year 2021 and updates the guidance for financial year 2021. The company reports that the “sharp” rise in steel costs and the production of a new line of wind turbines have decreased its profits. Siemens Gamesa’s official […] Read more
R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment Updated On Fri, Jul 16th, 2021 by Saurenergy In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on self reliance in renewable energy manufacturing organised by the Confederation […] Read more
Stagnation in RE Subsidies, Financial Support Needed: IISD-CEEW Report Updated On Fri, Jul 16th, 2021 by Saurenergy India’s quest to achieve its goals for “Aatmanirbhar Bharat” and a clean energy transition, part of the economic recovery from COVID-19, is missing a key ingredient: adequate financial support for renewable energy. This is the conclusion reached upon by a new report released by the International Institute for Sustainable Development (IISD) and the Council on […] Read more
California’s ‘Solar Deflation’ Offers Lessons In Managing Solar Expansion Updated On Fri, Jul 16th, 2021 by Saurenergy The Breakthrough Institute has released a report analyzing solar value deflation in California from 2014 to 2020, during which period the value of solar fell by around 37% relative to other sources of electricity. While on the face of it, this is great news, as it is a big reason why solar has gained, and […] Read more
APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation Updated On Wed, Jul 14th, 2021 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […] Read more
Canadian Solar Wins 45 MWh Energy Storage Project in Colombia Updated On Tue, Jul 13th, 2021 by Saurenergy Canadian Solar Inc., a solar PV module manufacturer in Canada, has won its first-ever utility-scale battery storage project in Colombia with a capacity of 45 MWh. The project was awarded in the public tender floated by Colombia’s Ministry of Energy and Mines via its affiliate UPME, the Mining, and Energy Planning Unit. Located in the […] Read more
Manager – Trading (Agri) Updated On Mon, Jul 12th, 2021 by Saurenergy Generating & delivering on sourcing & sales orders for the region/product. Expanding market reach & penetration. Generating enquires, follow-ups, negotiating price, terms and conditions for purchase and sale of the specific commodities to/from brokers/end users. Identifying & building supplier and customer base in the market. Liasoning with port operations & arranging logistics, quality & quantity […] Read more
US Adds 34 More Entities to Blacklist, 14 Chinese Enterprises In List Updated On Mon, Jul 12th, 2021 by Saurenergy Close on the heels of its move to impose sanctions on Chinese firms with a presence in that country’s Xinjiang province, for alleged human rights abuses, the US commerce department has expanded the scope of its actions now. The latest is a fresh list of 34 entities, 14 of whom are Chinese, which have been […] Read more
Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid Updated On Mon, Jul 12th, 2021 by Saurenergy Tata Power (TP Saurya Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […] Read more
