South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL Updated On Thu, May 26th, 2022 by Saurenergy Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March […] Read more
Buying An EV in India: Tax, Incentives, Rebates Updated On Mon, May 23rd, 2022 by Saurenergy Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […] Read more
NTPC Q4, Fy 21-22 Results-Strong Show, But Slow Going On Renewable Capacity Plans Updated On Sat, May 21st, 2022 by Saurenergy The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 68,982 MW, declared the financial results for FY22 on 20 May 2022. NTPC Group generated 361 Billion Units and recorded highest ever annual generation in FY22 as compared to 314 Billion Units in FY21, an increase of ~15%. NTPC’s standalone gross […] Read more
Solargis To Power Data Analysis Of Renewable projects for Apex in US Updated On Fri, May 20th, 2022 by Saurenergy Solargis, a leading solar data and software services firm, has provided its high-resolution, granular resource and meteorological data to leading U.S. independent power producer Apex Clean Energy (Apex). The data has been deployed to optimize over 120 of Apex’s solar projects during design, development, and operations – while enabling projects to better integrate advanced technologies […] Read more
EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025 Updated On Thu, May 19th, 2022 by Saurenergy Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […] Read more
As US Continues Pressure On Chinese Manufacturers, Solar Growth Stalls Updated On Wed, May 18th, 2022 by Saurenergy The long running investigation into dumping, or imports from China into the US continues on its run, impacting firms, and now, it seems overall solar growth in the US in a big way. As one of the world’s largest solar export markets and one that offers higher margins than many, the US market has long […] Read more
Rays Power Infra Prepares For The Next Growth Phase With Sale Of Assets At Rs 700 crores Updated On Fri, May 13th, 2022 by Saurenergy Rays Power Infra has formally announced its debt free status to the world. This has been achieved with the sale of solar assets in Tamil Nadu, Karnataka and Telangana to global investors for Rs 700 crores. The announcement was made by Pawan Sharma, Co-Founder, Director, Rays Power Infra. The assets sold had total debt of […] Read more
Fresh CERC Regulations For RE Certificates for RE Market Development Updated On Thu, May 12th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a […] Read more