India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF Updated On Thu, Feb 10th, 2022 by Saurenergy New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […] Read more
SJVN to Develop 10,000 MW Solar Projects in Rajasthan Updated On Wed, Feb 9th, 2022 by Saurenergy In a major development in the renewable sector, mini-ratna SJVN will soon sign a Memorandum of Understanding (MoU) with the Rajasthan Government to develop 10,000 MW solar power projects in the next 5 years in Rajasthan. A formal proposal was submitted by SJVN for the said project to the Rajasthan government. It was accepted and […] Read more
AGEL First in India to Achieve GRI South Asia Charter Member Status Updated On Tue, Feb 8th, 2022 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable arm of the Adani Group, has received approval for being a member of the GRI South Asia Charter on Sustainability Imperatives. Adani Green Energy Ltd (AGEL) had initiated this pursuit in response to a call from GRI by becoming a signatory to the GRI South Asia charter in […] Read more
Polysilicon Woes in Solar PV Markets to End Within 18 Months: Rethink Updated On Tue, Feb 8th, 2022 by Saurenergy The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Rethink Energy. In the paper, Polysilicon Manufacturing forecast to 2030, the research firm outlines how fears that we may have passed the trough of solar costs during […] Read more
Risen Energy Invests in Cell and Module Expansion Updated On Mon, Feb 7th, 2022 by Saurenergy Chinese solar panel manufacturer Risen Energy has announced that the company and Ningbo South Coastal Economic Development have inked an agreement for a 15 GW N-type ‘Ultra-Low-Carbon High-efficiency’ hetero-junction cells factory and a 15 GW ‘high-efficiency’ solar module production facility. As per the company, the quest will incur a total investment of $2.39 billion, of […] Read more
Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed Updated On Thu, Feb 3rd, 2022 by Saurenergy The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […] Read more
AGEL Announces Q3 Results. Ebitda From Power Supply Up 56% YOY Updated On Wed, Feb 2nd, 2022 by Saurenergy Adani Green Energy Limited (AGEL), the green energy development arm of the Adani Group has announced its results for the 9 months ending December 2021. With operational capacity increasing by 83% to 5410 MW, the company has a strong set of results to show for Q3, even as the Adani group embarks on a massive […] Read more
Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […] Read more
Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry Updated On Wed, Feb 2nd, 2022 by Saurenergy The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […] Read more
