No. 1 Rank in Clean Energy Investment Underlines India’s Promise And Intent Updated On Fri, Jan 24th, 2020 by Saurenergy Bloomberg New energy Finance, in its Climatescope survey titled “Emerging Markets Outlook 2019” has placed India at the top among developing economies. The top ranking in a list of 104 emerging economies will come as reassurance to many investors, both existing and potential, about their plans for the country. India has been followed by Chile, […] Read more
IRENA Pushes for Bigger NDCs in 2020 Updated On Thu, Jan 23rd, 2020 by Saurenergy In a sensible reminder of how the ground situation has changed to open up new facilities, IRENA’s (International Renewable Energy Agency) call for higher ambition on NDC’s should be heeded. Making a strong case for the new NDC round discussions starting in 2020, IRENA has put forward the case based on a simple fact. That […] Read more
Gautam Adani Commits To Audacious Solar Ambition Updated On Thu, Jan 23rd, 2020 by Saurenergy Weeks after yet another ‘win’ in Australia, where the group has made a significant commitment to develop coal mines despite stiff resistance for its energy requirements in India, Gautam Adani, the founder of the group, chose to make a statement. In what is perhaps a signal for the market on the group’s future priorities in […] Read more
The Azure Power Investor Presentation for 2020-2025- Highlights Updated On Tue, Jan 21st, 2020 by Saurenergy As one of the few firms that are publicly listed, the Inderjeet Wadhwa founded Azure Power, listed at the NYSE (New York Stock Exchange in October 2016), Azure Power commands a special cachet in the Indian solar sector. Unlike many of its peers, not only has it stuck to solar, but also narrowed its focus […] Read more
After a 10 year Run, Ramesh Kymal Moves On, Navin Dewaji Takes Over at Siemens Gamesa India Updated On Tue, Jan 21st, 2020 by Saurenergy Siemens Gamesa, which has had a solid run over the past decade under its India CEO Ramesh Kymal, is making a big change. Kymal will be stepping down to pursue other interests, even as he hands over to another company insider and long term colleague, Navin Dewaji, till now, an executive vice president in the […] Read more
CERC Order Against Avaada Energy in 100MW Project Leaves Key Issues hanging Updated On Mon, Jan 20th, 2020 by Saurenergy Last Week, in an order dated January 13th , 2019 the Central Electricity Regulatory Commission (CERC) ruled against Avaada Energy in a petition it had brought against SECI (Solar Energy Corporation of India). The order, while dismissing a plea by Avaada to stay the cancellation of a PSA (Power Sales Agreement) it had with SECI […] Read more
Will ADITYA Succeed Where UDAY failed? Updated On Thu, Jan 16th, 2020 by Saurenergy Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […] Read more
The Solar Rush in the Middle East Picks Pace Updated On Thu, Jan 16th, 2020 by Saurenergy Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected to expand to 3,000 MW, with a target to supply the Dubai Electricity and Water Authority (DEWA) […] Read more
KERC favours BESCOM in Tariff Dispute With Emmvee Solar Updated On Wed, Jan 15th, 2020 by Saurenergy In an order that was published yesterday, the Karnataka Electricity Regulatory Commission has ruled to dismiss a petition by Emmvee Solar Systems, against BESCOM (Bangaloire Electricity Supply Company Limited). The key issue was Emmvee Solar’s contention that by denying it a tariff of Rs 9.56 as per the PPA it signed with BESCOM on 27.02.2016, […] Read more
