UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices Updated On Fri, Nov 17th, 2023 by Saurenergy The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […] Read more
Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more
Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender Updated On Thu, Nov 16th, 2023 by Saurenergy Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […] Read more
Chinese Module Majors Feel The Pinch From Module Price Drop Updated On Thu, Nov 16th, 2023 by Saurenergy As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […] Read more
India’s Renewable Capacity Additions In Oct Dip By 65% On YoY Updated On Thu, Nov 16th, 2023 by Saurenergy The latest data from the Central Electricity Authority (CEA) hinted at a slump in India’s renewable capacity additions in October. The monthly installed capacity data of October 2023 revealed that India added a meager new renewable capacity of 349 Megawatt (MW). It contrasts with its green energy capacity additions in the previous years during the period. The […] Read more
How is Soltec’s Tracker for US Market Different than Its Other Trackers? Updated On Thu, Nov 16th, 2023 by Saurenergy Solar tracker manufacturer from Spain, Soltec, has designed a single-axis tracker specifically for the US market. The tracker, SFOne US, vis-a-vis Soltec’s trackers for other markets, sees a fewer number of parts. It also comes with the option with some pieces pre-assembled. In the US market, the tracker is longer with thicker piles, which means […] Read more
Suzlon Gets RLMM Enlisting for S144 – 3 MW Turbine Series Updated On Thu, Nov 16th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon has received the RLMM (Revised List of Models & Manufacturers) Listing from MNRE (Ministry of New and Renewable Energy) listing of its S144 – 3 MW series of wind turbines. This will enable the firm to pave the way for the successful commercialization of the product. Suzlon has already installed […] Read more
100KW Open Access Limit Not Applicable to Captive Consumers: MERC Updated On Tue, Nov 14th, 2023 by Saurenergy It may be recalled that in May, the Ministry of Power has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. Heeding the request, MERC has introduced the draft notification on Green Energy Open Access. The MERC (Maharashtra Electricity Regulatory Commission) DOA Regulations pave the way […] Read more
