Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
Can India become self-reliant in solar equipment, especially modules and cells, in 5 years? Updated On Mon, Jun 29th, 2020 by Saurenergy During the current scenario where a wave of ‘AatmaNirbhar’ and ‘Vocal for Local’ is gaining traction amid global economic turmoil on the back of coronavirus pandemic, there is also a need to check that how far we have reached till now, what will be the challenges and how far will be the road ahead in […] Read more
State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more
Rajasthan Tenders for Solar Plants at 30 Mandi Yards, 14 Sub Yards Updated On Wed, Jun 24th, 2020 by Saurenergy RSAM has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the state of Rajasthan. The Rajasthan State Agricultural Marketing Board (RSAM) has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the […] Read more
REC’s Alpha Series Gets BIS Certification Updated On Wed, Jun 24th, 2020 by Saurenergy REC Group, the largest European solar PV brand with over 500MW of installed capacity in Indian subcontinent, has announced the successful certification of its Alpha series by the Bureau of Indian Standards. The Alpha series, based on the breakthrough Hetero junction technology (HJT) offers a high quality option to Indian buyers now, especially those looking […] Read more
Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
With Focus On Chinese Imports, Familiar Tussle Returns For Solar Sector Updated On Mon, Jun 22nd, 2020 by Saurenergy Imports in the solar sector, where Chinese origin equipment is said to account for anything between 78 percent to 85 percent of equipment used, are back in focus. Reports quoting sources say that the government has sought product-wise details of cheap imports, comparison with domestic prices and tax disadvantage, if any, from industry to curb […] Read more