Reflections on World EV Day Updated On Fri, Sep 10th, 2021 by Saurenergy September 9, or World EV day, went by with a flurry of activities to commemorate the same. This writer too spent time moderating panelists at an event to commemorate progress, followed up by ‘fireside chat’ with an Electric Bus specialist for India. What came out really strongly was the overall optimism across the EV space, […] Read more
REI 2021- Informa Markets’s Rajneesh Khattar Looks Forward To a Show Befitting India’s Solar Growth Updated On Wed, Sep 8th, 2021 by Saurenergy After a tumultous 2 year period, the bellweather event for the Indian solar sector, REI 2021 is finally back. For Rajneesh Khattar, Group Director, Informa Markets, the staging of the event is a triumph, after all the efforts the organisation made to ensure its success. In this interview, he shares his sentiments on the key […] Read more
Could KUSUM Deliver Crucial GW’s to Solar Target for 2022 Updated On Wed, Sep 8th, 2021 by Saurenergy India’s solar capacity target of 100 GW installations by 2022, which has been hit by multiple blows due to payments, policy, legal and finally the covid hurdle, has been up for speculation for some time now. While some of us observers have been predicting a miss since 2019, others have become more insistent about it […] Read more
Climate Tech Startups Raised $16b Across 250 Venture Deals, finds Study Updated On Mon, Sep 6th, 2021 by Saurenergy Climate is heating up, more traditional investors are participating, and there are more cross-sector opportunities than ever before, reports Climate Tech VC (CTVC), a weekly newsletter about climate and innovation, which has recently reviewed the investments made in climate technologies in the first half of 2021. The study finds that in the first half of 2021, […] Read more
LONGi’s H1 FY21 Results Out: US$5.438 B Revenue Reported Updated On Mon, Sep 6th, 2021 by Saurenergy Chinese module manufacturer LONGi has released its financial results for the first half of 2021, reporting revenue of 35.098 billion yuan (around US$5.438 billion), an increase of 74.26% compared to the same period of last year. The company earned a net profit of 4.993 billion yuan (around US$773.688 million), up 21.30% over the prior-year period. […] Read more
US Vanadium Announces $2.1 M Production Capacity Expansion Updated On Mon, Sep 6th, 2021 by Saurenergy American chemicals producer US Vanadium has announced a $2.1 million expansion of its production capacity for ultra-high-purity electrolyte used by grid-level vanadium flow batteries (VRFB). The production expansion comes on the heels of a purchase agreement for 580,000 litres of ultra-high-purity electrolyte by Austrian VRFB manufacturer and energy storage provider Enerox GmbH, which sells its […] Read more
65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Updated On Mon, Sep 6th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […] Read more
New Aussie Law Aims to Remove Hurdles in Offshore Wind Expansion Updated On Fri, Sep 3rd, 2021 by Saurenergy The Scott Morrison-led conservative government in Australia has introduced a legislation that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential. The long awaited legislation will set up a framework for building, running, maintaining and decommissioning offshore electricity projects including wind […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
