China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
APTEL Defers REC Trading by Four Weeks Updated On Mon, Aug 3rd, 2020 by Saurenergy No REC trading sessions held in July The Appellate Tribunal for Electricity (APTEL) has deferred the renewable energy certificate (REC) trading by a time period of four weeks. July 2020, REC trading session on both the Indian power exchanges, the PXIL and IEX, has been postponed by four weeks due to an APTEL order on […] Read more
Dholera Solar Park Tender Oversubscribed by 600 MW Updated On Sat, Aug 1st, 2020 by Saurenergy GUVNL had tendered 700 MW under Phase IX of Dholera Solar Park The Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of 700 MW of grid-connected solar PV projects at the Dholera Solar Park has been oversubscribed by 600 MW. Bids totaling 1,300 MW were submitted by seven bidders, according to an official overseeing […] Read more
MERC Directs MSEDCL to Compensate Solar PV Project Developers Updated On Fri, Jul 31st, 2020 by Saurenergy Solar PV Projects totaling 100 MW will be benefited The Maharashtra Electricity Regulatory Commission (MERC) has provided partial relief to Juniper Green Energy Pvt. Ltd. (JGEPL), and Nisagra Renewable Energy Pvt. Ltd. (NREPL), developers of solar PV projects in Maharashtra. JGEPL and NREPL had petitioned the MERC to intervene and finalize a compensation mechanism and […] Read more
CERC to Revoke GEPL’s Interstate Trading License Updated On Fri, Jul 31st, 2020 by Saurenergy GEPL was found to be in non-compliance of CERC’s Payment of Fees Regulations The Central Electricity Regulatory Commission (CERC) has issued a show cause notice to Global Energy Private Limited (GEPL), a category 1 interstate electricity trading license holder, regarding default in payment of fees for two successive financial years. A category 1 interstate trading […] Read more
UERC Extends Commissioning Timeline for 200 MW Solar PV Projects Updated On Fri, Jul 31st, 2020 by Saurenergy These Solar PV Projects Were Awarded by UREDA in 2019 The Uttarakhand Electricity Regulatory Commission (UERC) through a Suo Motto order has provided relief to solar PV project developers in Uttarakhand. Considering the scenario created due to COVID19 the UERC has specified that projects totaling 200 MW awarded by the Uttarakhand Renewable Energy Development Agency […] Read more
Time’s Ripe for Offshore Wind Projects Updated On Thu, Jul 30th, 2020 by Saurenergy World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […] Read more
Rooftop Solar PV Vendors Empaneled at low rates in Chhattisgarh Updated On Thu, Jul 30th, 2020 by Saurenergy State Price Beats MNRE Benchmark Cost In Chhattisgarh, vendors that provide services related to supply and construction of grid-connected rooftop solar PV projects have bid lower than the central benchmark costs in a empanelment tender for construction of rooftop solar PV projects under Phase-II of the Ministry of New and Renewable Energy (MNRE) rooftop program. […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
