A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
Centre of Excellence for Renewable Energy in IIT Jodhpur Updated On Wed, Feb 2nd, 2022 by Saurenergy A new ‘Centre of Excellence for Renewable Energy’ has been launched in IIT Jodhpur ’s Technology Park. The new initiative is in association with the Rajasthan Solar Association (RSA) which signed a Memorandum of Understanding with the IIT. The new association of the RSA with IIT Jodhpur will pave the way for the Technology Park […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
Highlights from Economic Survey for RE Sector in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy The Economic Survey, which receded the annual budget of the government, is a widely anticipated document, seen more as a sort of white paper on what the government of the day considers its key achievements, and indications of the way ahead. To that extent, the latest Economic Survey document, all 442 pages of it in […] Read more
Sungrow Gets a Role At The 2022 Beijing Winter Olympics Updated On Sat, Jan 29th, 2022 by Saurenergy Sungrow, the leading inverter solution supplier for renewables, has announced that the Company supplied string inverter solutions to the PV plant installed on the rooftop of the National Speed Skating Oval (known as “The Ice Ribbon”) in Beijing. The venue will host speed skating during the upcoming 2022 Winter Olympic Games. This marks a significant […] Read more
2020 Champion, Vietnam Offers a Cautionary Tale On Renewable Growth Updated On Fri, Jan 28th, 2022 by Saurenergy Just when Vietnam has emerged on the global map as a ‘solar hotspot,’ after a stupendous 2020, the government has declared that no solar energy will be added in 2022 as the grid system is failing to accommodate the solar power produced. Vietnam may not repeat the success of yesteryears but there is credible evidence […] Read more
In Australia, NSW’s Second REZ Targets $10 Billion Investments Updated On Fri, Jan 28th, 2022 by Saurenergy New South Wales (NSW), which also houses state capital and Australia’s largest city Sydney, has just declared its second Renewable Energy Zone (REZ), as part of its long term strategy to replace its fossil fuel driven electricity sector with renewable energy. The latest zone is the New England REZ, based around Armidale in the state’s […] Read more
CEEW-NRDC-SCGJ Study Highlights 1 Million Jobs Potential For RE Sector In India Updated On Thu, Jan 27th, 2022 by Saurenergy India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh (110,000) employed by the sector, according to an independent study released today by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and […] Read more
