MNRE Urges States To Replicate Its Dispute Resolution Model For Intra State Disputes too Updated On Fri, Mar 4th, 2022 by Saurenergy The Ministry of New and Renewable Energy, (MNRE), in a letter dated March 3 to all relevant power stakeholders across government and at the state level, has expounded on the role of dispute resolution mechanism it has established. The MNRE had set up a disputes resolution committee (DRC) consisting of eminent persons to resolve issues […] Read more
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
Azure picks Ecoppia for hybrid project of 400MW Updated On Tue, Feb 22nd, 2022 by Saurenergy Israeli based Ecoppia, a world leader in robotic cleaning solutions for photovoltaic solar, has announced a significant milestone in India, with the firm signing a ‘first ever’ hybrid project of 400MW with renewable developer Azure Power. This complex project, combined of two types of installations – fixed tilt and Single Axis Trackers (SAT), along with […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million Updated On Wed, Feb 16th, 2022 by Saurenergy Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
As Power minister R.K. Singh responds to Telangana CM KCR, power reforms at risk? Updated On Wed, Feb 16th, 2022 by Saurenergy In a release yesterday, the Press Information Bureau(PIB), on behalf of the MNRE (Ministry of New and Renewable Energy) has carried a strong rebuttal from Power Minister R.K. Singh, of statements ascribed to Telangana Chief Minister K Chandrashekar Rao (KCR). R.K. Singh has termed as a ‘lie’, a claim attributed to KCR, that the central […] Read more
15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more
India’s Hopes to Replace Diesel with Renewable Energy in Farms Rides on Solar, Mostly Updated On Mon, Feb 14th, 2022 by Saurenergy Headlines have been announcing India’s plans to shift from diesel to renewable energy for its farming sector. The headlines have taken off from a statement by Power and MNRE minister R.K. Singh during a meeting with officials on Friday. What the headlines do not indicate is how heavily this hope depends on two critical factors. […] Read more
