Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
As Cases At CERC Grind To A Halt After SC Order, Firms Hope For Quick Resolution Updated On Wed, Sep 9th, 2020 by Saurenergy At the Central Electricity Regulatory Commission, all cases listed for hearing in September have been adjourned until further notice. The notice followed the Supreme Court order of August 29 that directed two members of the Central Electricity Regulatory Commission (CERC) to go on leave until a law member is appointed to the commission. This was […] Read more
Manufacturing, Affordability And Efficiency in Focus at CEO Session Solar Tech Summit Updated On Wed, Sep 9th, 2020 by Saurenergy The CEO’s session at the first World Solar Technology Summit by the ISA saw head honchos make a strong pitch for a broader manufacturing supply chain, besides the need to maintain the price trajectory and seek higher efficiency. In a session moderated by Jeanette Rodrigues, Mumbai bureau chief of Bloomberg LP, gloal CEO’s weighed in […] Read more
3 GW of Rooftop Solar in 2020, And a Grid Headache for Australia Updated On Tue, Sep 8th, 2020 by Saurenergy Australia, after a reluctant embrace of renewable energy initially, has practically broken down the door for renewable energy now. The world’s largest coal exporter is racing to build solar, sometimes faster than the grids can keep up. The Clean Energy Regulator, the government entity tasked with tracking and administering renewable incentives, among other things, has […] Read more
First World Solar Technology Summit Kicks Off Today Updated On Tue, Sep 8th, 2020 by Saurenergy The ISA (International Solar Alliance) organised first World Solar Technology Summit will start off today. The event, which has taken a virtual avatar due to the Covid pandemic, will be managed out of Delhi. Over 26,000 ‘participants’ from 149 countries had registered for the summit till yesterday. A key highlight is the launch of an […] Read more
UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12 Updated On Fri, Sep 4th, 2020 by Saurenergy On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […] Read more
Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC Updated On Tue, Sep 1st, 2020 by Saurenergy In a ruling that will await final judgement on a challenge in the Mumbai High Court, the Maharashtra Electricity Regulatory Commission (MERC) has ruled to eject a petition from JSW Steel to consider power produced from its fossil fuel based co-generation plant as a set off for its Renewable Purchase Obligations (RPO) in the state. […] Read more
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
