Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
VIZ-A-VIZ ANDREW HINES, Business Development Head – South India, CleanMax Solar Updated On Thu, Feb 23rd, 2017 by Saurenergy Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […] Read more
Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids Updated On Thu, Feb 9th, 2017 by Saurenergy Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […] Read more
Punjab Solar Power Firms Seek More Time for Setting up Units Updated On Mon, Jan 23rd, 2017 by Saurenergy Punjab Solar Power Producers have sought extension of deadline for construction of solar plants. Solar power producers in Punjab have sought extension of deadline for setting up projects that will be eligible for exemption from transmission and wheeling charges. Punjab electricity regulator had in January last year approved the exemption for renewable energy projects set […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
2.51 Lacs Renewable Energy Certificates were traded in December at Indian Energy Exchange Updated On Sat, Dec 31st, 2016 by Saurenergy Renewable Energy Certificates are aimed at providing an easier avenue for various entities to meet their green energy obligations. A total of 251,000 Renewable Energy Certificates were traded in the REC trading session held on 28th December, 2016 at Indian Energy Exchange (IEX). The purchase this month has been on account of few utilities such […] Read more
State Power Ministers to participate in two day conference scheduled on 7th & 8 October in Gujarat Updated On Tue, Oct 4th, 2016 by Saurenergy A Two-day conference of Ministers for Power, New & Renewable Energy & Mines of States & Union Territories will be held on 7th & 8th of this month in Vadodara, Gujarat. The Conference will be inaugurated by Power, Coal, New & Renewable Energy and Mines Minister Piyush Goyal. Main objective of this conference is to […] Read more
CleanMax aims to install 400MW rooftop solar in next two years Updated On Mon, Sep 19th, 2016 by Saurenergy Buoyed by the Centre’s increased focus on renewable energy sector, solar solutions provider CleanMax Solar is looking to enhance its rooftop installed capacity by nearly eight-fold to about 400 MW in the next two years, a top company official said. Kuldeep Singh, Managing Director, CleanMax told PTI that “With a current installed rooftop solar capacity […] Read more
India to quadruple its investment on R&D in the Renewable Energy section in next 5 years: Piyush Goyal Updated On Thu, Sep 15th, 2016 by Saurenergy Union Minister of State for Power, Coal, New & Renewable Energy and Mines- Piyush Goyal addressing a plenary session at the 11th Sustainability Summit said that “Climate change is a global challenge and we all should fight it here, now and today.” Restating the commitment of the Government of India towards the achievement of Sustainable […] Read more