Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Action will be taken if Obstacle Lights of Wind Turbines at IAF Stations Not Working: MNRE Updated On Fri, Jan 3rd, 2020 by Saurenergy Now, all the OEMs/ wind farm developers/ wind farm operators has been directed to submit their report regarding the operation of said lights on their wind turbines to the Ministry at the earliest, latest by January 17, 2020. The Ministry of New and Renewable Energy (MNRE) on Friday said that it will take action if […] Read more
MSEDCL Retenders for Procurement of 1350 MW Solar Power Updated On Fri, Jan 3rd, 2020 by Saurenergy MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued its tender for the procurement of 1350 MW solar power for a second time. […] Read more
Installed Renewable Energy Capacity in India now at 84.39 GW: MNRE Updated On Thu, Jan 2nd, 2020 by Saurenergy The installed renewable energy capacity in India had crossed 84 GW mark by the end of November 2019, as per fresh data released by MNRE. The installed and operational renewable energy (RE) capacity in India had crossed 84 gigawatts (GW) mark by the end of November 2019, fresh data released by the Ministry of New […] Read more
Alternus Energy Acquires 11.75 MW Solar Park in Netherlands Updated On Thu, Jan 2nd, 2020 by Saurenergy Alternus Energy has acquired Zonepark Rilland and its 11.75 MW solar PV power plant in the Netherlands from Coöperatie Unisun Energy for EUR 10.5 million Alternus Energy, a global renewable energy company, has announced the acquisition of Zonepark Rilland B.V. and its 11.75 MW ground-mounted solar photovoltaic (PV) power plant in Rilland, the Netherlands, from […] Read more
Are lower margins making the Indian solar market unattractive? Updated On Thu, Dec 26th, 2019 by Saurenergy In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […] Read more
Cabinet Approves MoU With Saudi Arabia for Cooperation in Renewables Updated On Thu, Dec 26th, 2019 by Saurenergy The Union Cabinet has approved the MoU signed between MNRE and Ministry of Energy of the Kingdom of Saudi Arabia for cooperation in the field of Renewables The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) signed between the Ministry of New and Renewable Energy (MNRE) of the […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
