New Solar PLI Scheme Changes Updated On Fri, Mar 11th, 2022 by Saurenergy Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […] Read more
Latest March ALMM List from MNRE for Solar PV Updated On Mon, Mar 7th, 2022 by Saurenergy The ministry of new and renewable energy has released its latest ALMM (Approved list of module manufacturers) list for domestic manufacturers in India, and the list continues to expand. The newest version, released through an office memorandum on March 4, has a total of 46 firms listed, comprising 43 unique firms in all. As Waaree […] Read more
First Solar Q4 FY21 financial results: net sales jump 50% Updated On Thu, Mar 3rd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […] Read more
Australia’s Leading Miner Andrew Forrest to Invest $2.2 Billion in RE Updated On Wed, Mar 2nd, 2022 by Saurenergy Australian iron ore magnate Andrew Forrest has announced that he is investing Australian Dollar $3 billion ($2.2 billion) in renewable energy in the island country. Forrest had announced previously that he will be investing big on a global green revolution. Most of the projects for RE will be coming up in the Central Queensland region. […] Read more
Hype powers the green hydrogen journey for now Updated On Mon, Feb 28th, 2022 by Saurenergy With not even a week since the National Green Hydrogen Policy (Phase1) was announced, you could be forgiven for thinking that the revolution is here. The key points of the policy are: Green Hydrogen / Ammonia manufacturers may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through any […] Read more
Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power Updated On Tue, Feb 22nd, 2022 by Saurenergy The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […] Read more
MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme Updated On Sun, Feb 20th, 2022 by Saurenergy Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […] Read more
RE Wins at World’s 1st ‘Green’ Olympics Being Held in China: Carbon Brief Updated On Fri, Feb 18th, 2022 by Saurenergy The desire of the leadership in China to showcase clean energy development and make it a part of the country’s international image, while important in itself, is backed by real developments on the ground, finds UK-based Carbon Brief, a platform that specialises in the science and policy of climate change. Established in response to the 2009 Climategate […] Read more
China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
