Renewable Energy Supply Chain Disruptions to be Treated as Force Majeure Updated On Mon, Mar 23rd, 2020 by Saurenergy MNRE has directed its implementing agencies to treat delay on account of disruption of the supply chains due to the spread of coronavirus as Force Majeure. The Ministry of New and Renewable Energy (MNRE) has announced that all Renewable Energy implementing agencies of the MNRE have been directed to treat delay on account of disruption […] Read more
Siemens Gamesa Calls off Annual Shareholder Meeting due to COVID-19 Updated On Fri, Mar 20th, 2020 by Saurenergy Siemens Gamesa has announced that it has decided to call off the General Shareholder’s Meeting, due to the outbreak of coronavirus (COVID-19). Siemens Gamesa Renewable Energy (SGRE) has announced that in its latest meeting, the Board of Directors of the Company has decided to call off the General Shareholder’s Meeting, which was scheduled to be […] Read more
Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019 Updated On Fri, Mar 20th, 2020 by Saurenergy Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment […] Read more
ReneSola Crosses 20 GW Solar Modules Shipment Mark Updated On Mon, Mar 16th, 2020 by Saurenergy ReneSola has crossed the 20 GW modules shipment milestone, with the last shipment supplied to a solar PV project in southern Brazil in December 2019. ReneSola, a leading global brand of Solar PV Modules, has officially announced that it has crossed the 20 GW shipment milestone, which demonstrates the firms’ capabilities, scale and sustainable efforts […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
SECI Extends Bid Deadline for 4 MW Floating Solar Plus BESS Tender. Again. Updated On Thu, Mar 12th, 2020 by Saurenergy SECI has extended the bid submission deadline for its 4 MW floating solar plus 2 MW/01 MWh BESS tender at the Andaman and Nicobar Islands for a third time The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 […] Read more
ITI Limited Tenders for Procurement of Solar Power Under Open Access Model Updated On Wed, Mar 11th, 2020 by Saurenergy ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […] Read more
India Imported Solar Equipment Worth $1.18 Bn From China Between April-December Updated On Fri, Mar 6th, 2020 by Saurenergy India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months of the current financial year RK Singh has informed. India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months — between April and December — of the current financial year (2019-20), union minister of new and renewable energy RK Singh has […] Read more
Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings Updated On Fri, Mar 6th, 2020 by Saurenergy India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […] Read more
