With Safeguard Duty Expiry A Day Away, Solar Bodies in a Huddle For Way Forward Updated On Thu, Jul 29th, 2021 by Saurenergy With the Safeguard Duty (SGD) on solar modules expiring tomorrow, there is predictable anxiety among Indian module manufacturers on the future after the duty expires. Currently, there is an ongoing investigation by the Directorate General of Trade Remedies against alleged Chinese dumping of modules, which has got delayed due to a court intervention. Thus, a […] Read more
Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […] Read more
With India’s Renewable Power Capacity Battle Won, Is It Time To Focus On Generation? Updated On Wed, Jul 28th, 2021 by Saurenergy In response to a query in the ongoing monsoon session of parliament, Power and MNRE Minister R.K. Singh informed the house that India’s renewable energy capacity, including installed, under installation and being tied up, stands at almost 97 GW as of June 30, 2021. This mix includes solar, wind, biomass and small hydel. Add to […] Read more
Tesla Postpones Semi Truck To 2022, Shows A Profit On Battery and Solar Updated On Tue, Jul 27th, 2021 by Saurenergy EV Poster firm, Tesla has just announced its second quarter (Q2) quarterly results. The firm, with an oversized presence and impact in the EV segment has shared some key metrics for its solar and energy storage business this time. In fact, even as it has postponed the launch of its electric trucks, the Semi Truck […] Read more
Nextracker Adds 728 MW Projects From Intersect Power in US Updated On Wed, Jul 21st, 2021 by Saurenergy Nextracker has just scored a big win in a US solar project. Intersect Power, one of North America’s largest developers of utility-scale renewable energy, has announced Signal Energy as the engineering, procurement, and construction (EPC) firm and supply of the NX Horizon smart solar trackers and TrueCapture yield optimization software from Nextracker for two utility-scale […] Read more
Spanish Airline Air Nostrum Plans to Use H2-Powered Turboprops Updated On Mon, Jul 19th, 2021 by Saurenergy Spanish regional airline Air Nostrum, headquartered in Valencia, has decided to convert its turboprop aircrafts to a hydrogen-driven configuration. The airline has signed a letter of intent with Universal Hydrogen, the company fueling carbon-free flight, to reduce aviation’s contribution to global carbon emissions. Under the agreement, Air Nostrum will purchase eleven of Universal Hydrogen’s turboprop conversion kits […] Read more
Rising Steel Costs Chop Off Turbine Maker Siemens Gamesa’s Profits Updated On Mon, Jul 19th, 2021 by Saurenergy Spanish-German wind engineering company Siemens Gamesa Renewable Energy (SGRE) has released preliminary results for the third quarter of financial year 2021 and updates the guidance for financial year 2021. The company reports that the “sharp” rise in steel costs and the production of a new line of wind turbines have decreased its profits. Siemens Gamesa’s official […] Read more
California’s ‘Solar Deflation’ Offers Lessons In Managing Solar Expansion Updated On Fri, Jul 16th, 2021 by Saurenergy The Breakthrough Institute has released a report analyzing solar value deflation in California from 2014 to 2020, during which period the value of solar fell by around 37% relative to other sources of electricity. While on the face of it, this is great news, as it is a big reason why solar has gained, and […] Read more
New York Installs 3 GW of Solar Capacity By Q3 FY21 Updated On Fri, Jul 16th, 2021 by Saurenergy According to the governor of New York, Andrew Cuomo, the state has installed 3 GW of solar capacity by the end of Q3 FY21, with the state’s total pipeline reaching 5.7 GW. The state had added a capacity of 2,840.3 MW by Q1 2021, which took New York to the 10th position nationally in the terms […] Read more
