100 Percent Carbon Free by 2035. The Democrat Offer For Renewable energy Updated On Mon, Jul 13th, 2020 by Saurenergy Perhaps the least talked about, but most significant promises being talked up as the US presidential elections campaign warms up is the democrat push for 100 percent carbon free power production by 2035. The plan easily overshadows comparable targets for all other countries in the G20, and if implemented with even limited success, cold change […] Read more
Now Punjab Wants to Tear Up Solar Contracts Updated On Fri, Jul 10th, 2020 by Saurenergy Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […] Read more
$5 Bn Green Hydrogen Project to Come up in Saudi Arabia Updated On Thu, Jul 9th, 2020 by Saurenergy Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion Updated On Tue, Jul 7th, 2020 by Saurenergy Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […] Read more
IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June Updated On Mon, Jul 6th, 2020 by Saurenergy The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […] Read more
Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL Updated On Sat, Jul 4th, 2020 by Saurenergy Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […] Read more
Solis Bags All Quality Matters From TÜV Rheinland for its 5G Inverter Updated On Thu, Jul 2nd, 2020 by Saurenergy Solis has been awarded the “All Quality Matters” award for its commercial inverters Solis-(25-50) K-5G in recognition for the outstanding product quality in 2020. The 2020 “All Quality Matters” Solar Congress Award Ceremony, organised by TÜV Rheinland, was recently held in Suzhou, Jiangsu. Chinese inverter major Ginlong Solis has been awarded the “All Quality Matters” […] Read more
UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth Updated On Thu, Jul 2nd, 2020 by Saurenergy The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […] Read more
