Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions Updated On Wed, Jul 1st, 2020 by Saurenergy Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […] Read more
US Solar Systems Prices Falling Faster Than Expected: WoodMac Updated On Thu, Jun 25th, 2020 by Saurenergy Solar PV systems prices in the US are falling faster than expected across all market segments, primarily driven by module price reduction. Solar PV systems prices in the United States (US) are falling faster than expected across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie. Residential system […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more
SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision Updated On Wed, Jun 17th, 2020 by Saurenergy The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […] Read more
RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA Updated On Thu, Jun 11th, 2020 by Saurenergy The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […] Read more
US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report Updated On Thu, Jun 11th, 2020 by Saurenergy The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […] Read more
Electric Two-Wheeler Market to Cross 2 Mn Units in India by 2025: CXO Survey Updated On Fri, Jun 5th, 2020 by Saurenergy The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research. The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research & Analytics. As […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
