US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation Updated On Fri, Jun 18th, 2021 by Saurenergy The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […] Read more
UNOPS S3i, IFU & ACME Co-invest in 250 MW Solar Park in Rajasthan Updated On Fri, Jun 18th, 2021 by Saurenergy An announcement revealed yesterday that Denmark’s state-owned fund IFU and United Nations Office for Project Services’ S3i have acquired 39% and 10% stake respectively in Acme Solar Holdings Ltd’s 250 MW solar project in Rajasthan. Acme Solar, a leading Solar IPP in India, holds the majority 51% stake in the project, which has a total […] Read more
Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future Updated On Fri, Jun 18th, 2021 by Saurenergy What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […] Read more
ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] Read more
Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac Updated On Thu, Jun 17th, 2021 by Saurenergy Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Senior Manager Updated On Wed, Jun 16th, 2021 by Saurenergy Lead a team of people in handling all regulatory affairs with central government agencies (MNRE, CERC), State Regulatory Commissions and State Nodal Agencies, w.r.t development of solar and wind power projects in India. Policy advocacy & representation in the concerned regulatory & government bodies for sustainable Renewable business. Pre-feasibility of evacuation possibility and get the […] Read more
MNRE to Hold Webinars for 75 Weeks to Mark 75 Years of Independence Updated On Wed, Jun 16th, 2021 by Saurenergy In a statement released yesterday, the Ministry of New and Renewable Energy (MNRE) said that it has been conducting a series of webinars on achievements in new and renewable energy since March 15, 2021. The purpose behind the webinars, which are to continue for 75 weeks since its beginning date, is the commemoration of 75 […] Read more
MNRE’s May Highlights for Union Cabinet Updated On Wed, Jun 16th, 2021 by Saurenergy In its monthly summary of key highlights shared yesterday, the MNRE has focused on renewable energy additions, extension of deadlines due to Covid second wave, and the start of the process for PLI (production Linked Incentive) scheme for solar manufacturing. First up, the ministry shares that 643.66 MW of renewable energy capacity was added in […] Read more
