European RE Industry Started Recovery from March Low Prices: Report Updated On Wed, Apr 15th, 2020 by Saurenergy The worse hit prices of renewable energy across Europe in March amid coronavirus have shown the signs of recovery in April, says software and advisory services provider firm. Renewable energy prices across Europe took a substantial hit at the beginning of March, falling between 15-30 percent across key markets compared to average prices in February. […] Read more
WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
Vikram Solar Wins 300 MW Solar Project from NTPC Updated On Wed, Apr 15th, 2020 by Saurenergy Vikram Solar, country’s one of the leading module manufacturers and an EPC & rooftop solar solutions provider, has bagged a 300 MW solar project from National Thermal Power Corporation Limited (NTPC) under CPSU-II scheme. Kolkata-headquartered Vikram Solar has won this solar photovoltaic (PV) project under the reverse bidding auction at a price of Rs 1,750 […] Read more
UPenn Announces PPA for Largest Solar Project in Pennsylvania Updated On Wed, Apr 15th, 2020 by Saurenergy UPenn has signed a PPA for the creation of a 220 MW solar power project moving it significantly closer to meeting its carbon-neutral by 2042 commitment The University of Pennsylvania (UPenn) has signed a Power Purchase Agreement (PPA) for the creation of a solar power project moving the University significantly closer to meeting its commitment […] Read more
Mississippi Commission Gives Approval for 100 MW/ 1000 Acre Solar Farm Updated On Wed, Apr 15th, 2020 by Saurenergy The Mississippi Delta will soon be home to the largest utility-owned solar farm in the state, after receiving approval from the Mississippi Public Service Commission. The Mississippi Delta will soon be home to the largest utility-owned solar farm in the state, after receiving approval from the Mississippi Public Service Commission. Recurrent Energy, a solar facility […] Read more
Lockdown Extension to Have Adverse Impact on EV Sector: SMEV Updated On Wed, Apr 15th, 2020 by Saurenergy SMEV has said the lockdown extension is the right move, however, there will be an adverse impact on the operations of its members for the next 1-2 months. The Society of Manufacturers of Electric Vehicles (SMEV) has said that the extension of the lockdown is the right move in the circumstances, however, there will be […] Read more
Under Implementation Projects Impacted Most by COVID-19: Report Updated On Wed, Apr 15th, 2020 by Saurenergy Under implementation solar projects have suffered the biggest impact of the COVID-19 pandemic as solar cells and modules are largely imported from China Under implementation solar projects have suffered the biggest impact of the COVID-19 pandemic as solar cells and modules are largely imported from China wherein there was lockdown since December 2019, according to […] Read more
Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus Updated On Mon, Apr 13th, 2020 by Saurenergy Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […] Read more
We Received Force Majeure Notices from Various Discoms, Despite Govt Directive: Azure Power Updated On Mon, Apr 13th, 2020 by Saurenergy Despite government directive to power distribution companies (Discoms) to pay dues on time, the country’s one of the leading independent solar power producer (IPP), Azure Power said that it has received Force Majeure notices from various Discoms citing an inability to perform their obligations as per the PPA due to Covid-19. There has been a […] Read more
