The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
India Should Double Down on Renewable to Achieve Energy Targets 2030: Study Updated On Wed, Mar 24th, 2021 by Saurenergy India should double down on renewables to achieve its aggressive renewable energy targets in India’s electricity grid in 2030, according to a recent study by the researchers at UC Santa Barbara. The study analyzes electricity and carbon reduction costs linked with India’s energy targets in the electricity grid in 2030 and discovers that the majority […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
Adani Greens Kamuthi Project Turns Water Positive, Signals The Future for Large Projects Updated On Fri, Mar 12th, 2021 by Saurenergy The announcement of the groups most prestigious and early large project turning water positive will set a benchmark for almost all future projects to follow Adani Green Energy’s 648 megawatt Kamuthi Solar plant in Tamil Nadu, has been declared the first of its scale to be water positive. The announcement is a welcome step by […] Read more
MNRE Releases List Of Module Makers for Government Contracts Updated On Thu, Mar 11th, 2021 by Saurenergy The ALMM list, to be updated monthly, will be valid for two years. The Ministry of New and Renewable Energy, in an office memorandum released yesterday, announced the names of 23 Indian firms those products would be eligible for use in government contracts for solar plants. The list is for module manufacturers right now. The […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme Updated On Fri, Feb 12th, 2021 by Saurenergy RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […] Read more
Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit Updated On Mon, Jan 18th, 2021 by Saurenergy West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […] Read more
ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary Updated On Mon, Jan 11th, 2021 by Saurenergy ReneSola Ltd, a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity […] Read more
