Plans in Place to More Than Triple Local Solar Manufacturing Capacity Updated On Mon, Jul 6th, 2020 by Saurenergy The government has proposed a major push to domestic manufacturing of solar equipment in the country that would completely eliminate the need for imports The central government has proposed a major push to domestic manufacturing of renewable energy (solar) equipment in the country that would completely eliminate the need for imports, particularly from countries such as China. As part of […] Read more
AIPEF Requests all CMs to Reject the Electricity Amendment Bill Updated On Fri, Jul 3rd, 2020 by Saurenergy AIPEF has urged all CMs to reject the Electricity Amendment Bill saying that the new amendments will weaken the authority of states in the power sector. The All India Power Engineers Federation (AIPEF) has urged all chief ministers (CMs) to reject the proposed Electricity Amendment Bill 2020 saying that the draft amendments in the new bill will weaken the authority […] Read more
FICCI Makes the Case for Extending FAME-II by 2 Years Updated On Fri, Jul 3rd, 2020 by Saurenergy FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […] Read more
Future of Residential Solar: Post Covid Period Updated On Thu, Jul 2nd, 2020 by Saurenergy Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […] Read more
UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth Updated On Thu, Jul 2nd, 2020 by Saurenergy The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […] Read more
Average Power Price in RTM Lowers to Rs 2.22 per Unit in June Updated On Thu, Jul 2nd, 2020 by Saurenergy The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […] Read more
MNRE Declares March 25-May 31 as Lockdown Period for RE Projects Updated On Thu, Jul 2nd, 2020 by Saurenergy MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […] Read more
Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions Updated On Wed, Jul 1st, 2020 by Saurenergy Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […] Read more
Bank of America Signs Another Solar Deal, This Time in Texas Updated On Wed, Jul 1st, 2020 by Saurenergy Bank of America has announced today its first 10-year structured renewable energy agreement with Reliant for solar power in Texas. Bank of America has announced today its first 10-year structured renewable energy agreement for solar power in Texas. In partnership with Reliant, an NRG Energy company, the deal will contribute to Bank of America’s commitment […] Read more
