Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
FIMER Launches 2 New Platforms for Utility PV Market Updated On Wed, Jun 23rd, 2021 by Saurenergy Leading solar inverter supplier FIMER has announced the launch of two new platforms for the utility-scale sector – a high-power multi-MPPT string inverter and a modular conversion solution – which are designed to cater for both decentralized and centralized applications covering 100 percent of utility applications. With the most recent Renewable Energy Market Update from the International Energy […] Read more
JinkoSolar’s Subsidiary to Invest RMB315 million in Polysilicon Production Line Updated On Tue, Jun 22nd, 2021 by Saurenergy Leading solar module manufacturer, JinkoSolar Holding Co., Ltd., yesterday announced its holding subsidiary, Shangrao JinkoSolar Industry Development Co., Ltd. plans to invest RMB 315 million (China’s official currency) equivalent to USD 48.4 million (Rs 360 crores approx) of monetary capital to increase capital and shares in Inner Mongolia Xinte Silicon Materials Co., Ltd. Inner Mongolia […] Read more
NTPC Q4 results Strong, Renewables Take Centre Stage for Future Updated On Tue, Jun 22nd, 2021 by Saurenergy NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
2-Day Virtual Summit on Green H2 among BRICS Nations Starts Tomorrow Updated On Mon, Jun 21st, 2021 by Saurenergy Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives involving the BRICS (Brazil, Russia, India, China, and South Africa) nations. The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of […] Read more
German Researchers Fabricate Black Perovskite Cells with 15% Efficiency Updated On Mon, Jun 21st, 2021 by Saurenergy In a recent paper entitled “Efficient Thermally Evaporated γ-CsPbI3 Perovskite Solar Cells,” published this month in the journal Advanced Energy Materials, scientists report on the fabrication of a ‘black perovskite‘ PV device — a solar cell based on all-organic cesium-lead iodide (CsPbI3) — by thermal evaporation. Researchers at the Dresden University of Technology (TUD) note that […] Read more
“Policymakers Must Incentivise States to Phase Out Old Thermal Plants and Adopt RE to Replace Them,” – Anand Desai, Managing Director, Anupam Rasayan Updated On Mon, Jun 21st, 2021 by Saurenergy Gujarat-headquartered chemical manufacturing company Anupam Rasayan announced last month that it had invested Rs 43 crore to set up a 12.5 MW captive solar power plant to help the company rationalise energy costs through an estimated saving of around Rs 10 crore per annum for the next 25 years. The firm, which has completed a […] Read more
Maharashtra EV Policy 2021 Seeks 25 Percent EV’s For Public Transport by 2025 Updated On Mon, Jun 21st, 2021 by Saurenergy In a webinar organized by the State Environment Department’s Majhi Vasundhara Abhiyan, the Maharashtra government released information about the new draft EV policy that awaits cabinet approval. The new EV policy is set to be in force from April next year (2022). The policy aims to ensure that electric vehicles account for at least 10 […] Read more
