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
Azure Power Wins its First 120 MW ISTS Wind Project with SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Azure Power, one of the leading solar power developers in the country, has announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. Azure Power’s […] Read more
Odds of Relief for Large Solar Developers In India Continue To Increase Updated On Wed, Oct 13th, 2021 by Saurenergy Weeks after iterating his goal to push domestic manufacturing using every tool at his command, Power and MNRE Minister R.K. Singh faces a stiff test of resolve. The ‘perfect storm’ of events that was considered all but impossible till 12 months ago has come to pass, and the government will soon need to take a […] Read more
MYSUN Receives 140 MW Solar Order from UPPTCL Updated On Wed, Oct 13th, 2021 by Saurenergy Rooftop solar firm MYSUN has bagged 140-megawatt (MW) open-access solar power projects from the Uttar Pradesh Power Transmission Corp Ltd (UPPTCL), according to a company statement. “MYSUN, has been allocated 140-MW solar projects under the captive/open access mode by the Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL),” the company said in a statement. The allocation […] Read more
Developers Take Innovative Approaches to Alternative Energy Production Updated On Wed, Oct 6th, 2021 by Saurenergy Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […] Read more
Respite for South East Asia Manufacturers, As US Delays Decision on Solar Tariffs Updated On Tue, Oct 5th, 2021 by Saurenergy The complaint by a group of manufacturers calling themselves the American Solar Manufacturers Against Chinese Circumvention, or A-SMACC that sought higher tariffs on Southeast Asian solar-power imports has led to an interesting situation with the US department of commerce asking the firms to identify themselves first. The issue had been raised by the largest body […] Read more
Total Eren, Inaccess Ink Solar Monitoring Agreement Updated On Tue, Oct 5th, 2021 by Saurenergy London-based Inaccess has signed a global framework contract with Paris-based Total Eren for the support and maintenance of unity monitoring, SCADA (supervisory control and data acquisition) and PPC (power plant control) system for several Total Eren’s solar plants located in Argentina, Australia, Brazil, and Kazakhstan. The unity system optimizes the operation of modern renewable power portfolios […] Read more
Developers, Indian Government May Need To Discuss Solar’s Perfect Storm Soon Updated On Mon, Oct 4th, 2021 by Saurenergy As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, […] Read more
