Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
US DOE Grants $16 mn for 14 Energy Infrastructure Projects Updated On Fri, Jul 26th, 2019 by Saurenergy The US DOE has announced more than $16 million in funding for 14 tribal energy infrastructure projects The US Department of Energy (DOE) has announced more than $16 million in funding for 14 tribal energy infrastructure projects through DOE’s Office of Indian Energy. The investment will help Native American and Alaska Native communities harness their […] Read more
CEL Empaneling EPC Firms for BESS Projects Updated On Fri, Jul 26th, 2019 by Saurenergy CEL has issued an EOI for empanelment of firms/EPC contractors for executing BESS projects in India. State-owned enterprise, Central Electronics Limited (CEL) has issued an Expression of Interest (EOI) for empanelment of firms/EPC contractors for executing Battery Energy Storage Systems (BESS) projects in India. The empaneled contractors will be able to participate in future project […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
ADB, Partners to Increase Access to Clean Energy in Tonga Updated On Wed, Jul 24th, 2019 by Saurenergy ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […] Read more
Despite Renewable Push, Coal Will Remain the Main Energy Source Updated On Wed, Jul 24th, 2019 by Saurenergy Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so. Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so, Power and New and Renewable Energy Minister R K Singh […] Read more
CEA Predicts 6-Fold Increase in RE Capacity by 2029-30 Updated On Tue, Jul 23rd, 2019 by Saurenergy The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
IL&FS Gets Approval for Sale of Wind Assets to Orix Updated On Tue, Jul 23rd, 2019 by Saurenergy IL&FS has said it has received the necessary approval for the sale of its balance 51 percent of stake in seven wind energy subsidiaries to Orix Corporation The Infrastructure Leasing and Financial Services (IL&FS) has said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 […] Read more
