Siemens Gamesa Impacted by COVID, Reports Net Loss of €466 mn in Q3 Updated On Tue, Aug 4th, 2020 by Saurenergy Siemens Gamesa performance in Q3 of FY 2020 reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business Siemens Gamesa performance in the third quarter (Q3) of FY 2020 (April-June) reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business, due to the slowdown […] Read more
The same duties on imports of cells & modules are not going to serve the purpose: Prasoon Chaudhary Updated On Mon, Aug 3rd, 2020 by Saurenergy In a chat with Prasoon Chaudhary, Business Unit Head, Photovoltaic Solar Manufacturing at Pennar Industries Limited, we got his perspective on the many challenges the module side of the business faces today. After their success in the mounting structures business, the engineering goods firm is looking ahead to replicating the same level of success in […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
There’s a dire need of stability in policies, commitment and political will: Sushil Bansal Updated On Fri, Jul 31st, 2020 by Saurenergy With the date for imposition of a fresh Basic Customs Duty on cell and module import drawing nearer, manufacturers in India are look to the future with guarded optimism. We spoke to Sushil Bansal, the Founder and Managing Director at Novasys Greenergy, an established firm with a 100MW capacity. Sushil has been responsible for the […] Read more
Australia’s Massive ASEAN Power Link Project Gets Major Status Updated On Fri, Jul 31st, 2020 by Saurenergy Australia has accorded ‘major status’ to its ambitious Australia -ASEAN power link (AAPL) project. The new designation recognises the strategic importance of the project for Australia, and should help with faster approvals and priority handling by various government agencies involved. The project was formally granted the status on July 20. The Sun Cable project – […] Read more
Time’s Ripe for Offshore Wind Projects Updated On Thu, Jul 30th, 2020 by Saurenergy World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […] Read more
Tesla and PG&E Break Ground on 182.5 MW BESS System in California Updated On Thu, Jul 30th, 2020 by Saurenergy Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
