CERC Awards Compensation to Avaada Updated On Tue, Aug 25th, 2020 by Saurenergy Avaada Clean Energy had petitioned to consider implementation of safeguard duty as change in law The Central Electricity Regulatory Commission (CERC) has ruled in favor of Avaada Clean Energy Private Limited in a case regarding a 5 MW solar PV project executed under Solar Energy Corporation of India (SECI)’s Defense program. Avaada Clean Energy had […] Read more
BERC Issues Draft Regulations to Determine RE Tariffs Updated On Mon, Aug 24th, 2020 by Saurenergy Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 is up for comments The Bihar Electricity Regulatory Commission (BERC) has issued Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020. The draft is up for comments from stakeholders and interested parties up to September 25, 2020. BERC […] Read more
TANGEDCO to Pay Dues For 26.85 MW of Wind Projects Updated On Mon, Aug 24th, 2020 by Saurenergy TNERC passed orders in four cases and found TANGEDCO to be at fault at each count The state distribution company of Tamil Nadu, Tamil Nadu Generation and Distribution Corporation (TANGEDCO) must now swiftly pay pending dues to wind power generators in Tamil Nadu. Dues amounting to Rs.2,40,63,241 are owed by TANGEDCO to wind energy project […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
ReneSola and Avenston Sign Partnership Agreement in Ukraine Updated On Tue, Aug 18th, 2020 by Saurenergy ReneSola, one of the leading solar PV module manufacturers worldwide and Avenston, a reputed player in the solar industry in Ukraine, have signed the long-term partnership agreement collaboration in Ukraine and other nearby countries. According to the Partnership, Avenston will market and sell ReneSola’s high quality and high-efficiency solar PV modules in the region exclusively […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
