Ready For High Tide At Jakson Group Updated On Mon, Aug 30th, 2021 by Saurenergy At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […] Read more
Japanese Firm to Build World’s 1st Power Transfer Vessel Updated On Fri, Aug 27th, 2021 by Saurenergy PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […] Read more
Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays Updated On Thu, Aug 26th, 2021 by Saurenergy While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier Updated On Thu, Aug 26th, 2021 by Saurenergy Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […] Read more
MNRE Releases Updated ALMM List With 3 New Additions Updated On Wed, Aug 18th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective August 17, 2021, with the certifications valid to August 16, 2023, or two years. While broadly in line with the previous list, the fresh list has […] Read more
Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report Updated On Tue, Aug 10th, 2021 by Saurenergy The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […] Read more
Global Distributed Generation (DG) Market to Reach $168.3 Billion by 2024 Updated On Mon, Aug 9th, 2021 by Saurenergy Market research company Global Industry Analysts Inc., (GIA) has released a report where it projects the size of the global distributed generation market, in a post covid scenario. Distributed generation refers to small-to-medium scale modular power generation plants that are embedded into the distribution network at a point closer to the site of consumption than […] Read more
India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report Updated On Thu, Aug 5th, 2021 by Saurenergy BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […] Read more