Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
European Solar Body Cites ‘Forced Labour’ For Protection From Chinese Imports Updated On Tue, Jan 16th, 2024 by Saurenergy The European Solar Manufacturing Council (ESMC), a body representing mostly European solar manufacturers, has written an open letter to the EU calling for regulation of ‘forced labour’ in the solar supply chain. The move is not the first, as the bidy has been repeatedly citing the threat to European manufacturers from what it calls unsustainably […] Read more
Certified Heat Pump Installations In UK Increased By 20%: MSC Data Updated On Mon, Jan 15th, 2024 by Saurenergy A recent data by MCS Foundation, an industrial body in the United Kingdom (UK) stated that certified heat pump installations in the country witnessed an increase by nearly around 20 percent in 2023. It accredited this jump to an increase in the demand for renewable energy technologies that reached its highest ever level in the […] Read more
Chinese Solar Module Exports Cross 200 GW in 2023 Updated On Mon, Jan 15th, 2024 by Saurenergy Record high solar installations in 2023 globally have been a bonanza for Chinese module makers and associated firms, with exports expected to end at 200 GW in 2023. Based on data till November, China-based consultancy firm InfoLink Consulting’s placed Asia Pacific in the lead destination for China-made module exports in November, with India leading the […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
DGTR Will Continue Anti-Dumping Duty On Chinese EVA Backsheets Updated On Thu, Jan 11th, 2024 by Saurenergy The Directorate General of Trade Remedies (DGTR) has recommended extending the anti-dumping duty on the import of Ethylene Vinyl Acetate (EVA) backsheets from China for an additional five years. A recent DGTR investigation revealed that EVA backsheets are still being exported to India at prices below their normal value. And this, according to DGTR, is […] Read more
E-Fuel Hybridization With Solar Can Improve Energy Production: IEA Updated On Wed, Jan 10th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) on, “Role of E-Fuel in Decarbonizing Transport”, studied the role of hybridization of E-Fuel with wind and solar as a solution in reducing carbon dioxide (CO₂) emission. The report stated, “E-Fuel have emerged as an alternative in situations where, the usage wind and solar resources is […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
US Likely To Increase Solar Generation By 5.6% In 2024: EIA Outlook Updated On Wed, Jan 10th, 2024 by Saurenergy The US Energy Information Administration (EIA) in its short-term energy outlook, anticipated solar electric generation to become the leading source of growth in the US electric power sector. It elaborated, “In our January Short-Term Energy Outlook (STEO), which contains new forecast data through December 2025, we forecast new capacity will boost the solar share of […] Read more
