Long Standing Issues of Long-Term Power Purchase Agreements Updated On Tue, Mar 24th, 2020 by Saurenergy The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
Deadline for 4 MW Floating Solar Plus BESS Tender Extended Again Updated On Tue, Mar 24th, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for 4 MW floating solar projects with 2 MW/ 1 MWh BESS in North Andaman for the fourth time. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power […] Read more
Solar Rooftop: Over to the States Updated On Mon, Mar 23rd, 2020 by Saurenergy The Missing Player Rooftop Solar. Right up till 2014, when India shifted gears in solar with an ambitious new target and a new focus on utility scale solar, solar usually meant rooftop solar, or even solar water heaters and other distributed solar products. And this was not because we had a lot of rooftop solar […] Read more
Too Early to Assess Impact of COVID-19 on European Wind Sector – WindEurope Updated On Mon, Mar 23rd, 2020 by Saurenergy WindEurope believes the outbreak of COVID-19 still at a relatively early stage in Europe, and it is too soon to judge its impact on the wind energy sector WindEurope, formerly the European Wind Energy Association, an association based in Brussels for promoting the use of wind power in Europe, has stated that with the outbreak […] Read more
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
