56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad Updated On Fri, Oct 29th, 2021 by Saurenergy The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […] Read more
Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA Updated On Thu, Oct 28th, 2021 by Saurenergy The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […] Read more
Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
Adnoc Power Grid to be Run 100% on Nuclear & Solar in UAE Updated On Wed, Oct 27th, 2021 by Saurenergy Abu Dhabi National Oil Co (Adnoc) has signed a deal with a local utility to supply up to 100% of its power grid with nuclear and solar energy sources, the Abu Dhabi government said on Tuesday. The supply deal, released by the state media office, follows the United Arab Emirates announcing this month plans to […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more
GESCL Invites Bids for 60 MW Solar Projects in Gujarat Updated On Wed, Oct 27th, 2021 by Saurenergy The Gujarat State Corporation Limited (GESCL) has invited bids from interested contractors for the design, engineering, supply, procurement, installation, and commissioning of 60 MW solar photovoltaic grid-connected power plants, including their operation and maintenance for 5 years, around various substations of GETCO of Bhachau Taluka in Kachchh District, Gujarat. The deadline for bid submission is […] Read more
IIT Guwahati Working on Cost-efficient Solar-run H2 generators Updated On Tue, Oct 26th, 2021 by Saurenergy Indian Institute of Technology-Guwahati (IIT) researchers are developing cost-efficient materials to generate energy-rich hydrogen from water using sunlight leading to cost-effective solar-powered hydrogen generators. Pursuant of worldwide efforts in developing clean and renewable energy, the IIT-G researchers are developing novel materials that can use sunlight to split water into hydrogen and oxygen, said a release […] Read more
IREDA Opens PLI Bids. Solar Manufacturing Likely To Get Some New Names Updated On Tue, Oct 26th, 2021 by Saurenergy The Solar PLI manufacturing bids have finally been opened by the Indian Renewable Energy Development Agency (IREDA). And the results are really interesting. Not only have relatively new players bid more aggressively making it tougher for incumbents to qualify, but it also sets the stage for a really interesting domestic market. The Solar PLI scheme […] Read more
