BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
JinkoSolar 1st Solar Firm to Sign Global Framework Principles for Decarbonizing Heavy Industry Updated On Mon, Mar 1st, 2021 by Saurenergy JinkoSolar has announced that it is the first international solar company to have signed on to the Global Framework Principles for Decarbonizing Heavy Industry (“Framework Principles”), as part of its efforts to continue supporting the decarbonization of the heavy industry sector in favor of a transition towards clean energy. Mr. Dany Qian, JinkoSolar Vice President, commented, “I […] Read more
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
RP Global to Develop a 1GW Solar PV and Wind Project Pipeline in Poland Updated On Wed, Feb 24th, 2021 by Saurenergy Renewable energy developer and investor RP Global is investing in the development of Solar PV and wind power projects across the country. Wojciech Glocko, former EPA Wind and utility manager, has been hired to head up project development together with a team of senior local experts from Poland’s leading public and private renewable energy organisations. RP Global is working […] Read more
TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector Updated On Tue, Feb 23rd, 2021 by Saurenergy TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […] Read more
Record 33.6 GW of Wind and Solar Capacity Added to US Grid in 2020: BNEF Updated On Tue, Feb 23rd, 2021 by Saurenergy A new report has found that in a year faced with COVID-19, a record 33.6 GW of wind and solar capacity was added to the US grid in 2020. Faced with the COVID-19 pandemic and sharp economic contraction, the US clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) […] Read more
Welcome Back! CERC Order on Connectivity for RE projects With ISTS Connections Updated On Tue, Feb 23rd, 2021 by Saurenergy On February 20, in one of its more far-reaching orders since reconvening with the addition of a member legal, the Central Electricity Regulatory Commission (CERC) has released its new order on regulation 27 of the CERC (Grant of Connectivity, Long-term Access and Medium-term Open Access in inter-State Transmission and related matters) Regulations, 2009. The order […] Read more
