MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC Updated On Wed, Jun 19th, 2019 by Saurenergy MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […] Read more
DERC Issues Group and Virtual Net Metering Guidelines Updated On Sat, Jun 15th, 2019 by Saurenergy DERC has issued the group and virtual net metering framework, paving the way for rooftop and agri-solar plants in residential areas and villages in the city The Delhi Electricity Regulatory Commission (DERC) has issued the capital’s group and virtual net metering framework, paving the way for the installation of rooftop and agri-solar plants in residential […] Read more
Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
Kenya Launches $47 Mn Off-Grid Solar Access Project Updated On Thu, Jun 13th, 2019 by Saurenergy Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […] Read more
In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
Govt Planning To Open 50-GW Battery Manufacturing Tenders Updated On Tue, Jun 11th, 2019 by Saurenergy Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […] Read more