Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules Updated On Mon, Oct 21st, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […] Read more
After China & Europe, India Set To Embark On Offshore Wind Journey Updated On Tue, Oct 15th, 2024 by Saurenergy After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […] Read more
India Needs To Triple Wind Energy Power By 2027: EMBER Report Updated On Tue, Oct 8th, 2024 by Saurenergy India must triple its installed wind power capacity by 2027 to meet the projections made by the National Electricity Plan (NEP14). Though implementation of policies with state-specific targets will be crucial, the trends of wind and solar together will work in its favour – a reliable and diversified energy mix that helps India meet its […] Read more
MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY Updated On Tue, Sep 17th, 2024 by Saurenergy Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […] Read more
SECI Seeks Offshore Wind Developers For 500 MW Gujarat Project Updated On Mon, Sep 16th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), a ‘Navratna’, recently released a tender to select wind power developers to set up 500 MW ISTS-connected offshore wind power projects in India (Tranche-I). The tender set the bid submission end date (Soft Copy) as 10-12-2024 and the bid submission end date (Hard Copy) is 12-12-2024 The tender […] Read more
How Extreme Weather Events Are Threatening Wind Projects? Updated On Tue, Sep 10th, 2024 by Saurenergy In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
