GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects Updated On Tue, Apr 19th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […] Read more
Wind Power Now Accounts For 8% Of Global Generation Updated On Tue, Apr 19th, 2022 by Saurenergy A surge in Chinese offshore installations has pushed global wind capacity additions to nearly 100 GW for 2021, according to new research from Rethink Energy. Hitting 92.5 GW for the year, the figure surpassed expectations of 86.4 GW, despite additions falling by 25% compared to 2020. The findings are set out in a new report […] Read more
Tesla Decision To Scrap Charging Equipment with Electric Vehicles Draws Protests Updated On Tue, Apr 19th, 2022 by Saurenergy In a surprising move leading electric vehicle manufacturer Tesla has announced that it will no longer be providing charging equipment with its electric vehicles. This implies that electric vehicles can’t be charged at households. Founder Elon Musk said the new strategy is adopted because statistics show low usage of charging electric vehicles at homes. He […] Read more
Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
Tata Motors Ramping Up EV Production To Ride Rising Demand Updated On Tue, Apr 12th, 2022 by Saurenergy Indian automaker Tata Motors will ramp up its electric vehicles production as the supplies are not able to meet the skyrocketing demand and there is a huge backlog of bookings by the customers. At present, Tata Motors have Nexon EV, Tigor EV and XPRES-T electric vehicles for the Indian market and a coupe style SUV model […] Read more
FADA says Electric Vehicle Retail Sales Swells Three-Fold in India Updated On Mon, Apr 11th, 2022 by Saurenergy Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
