India Will Raise Import Duty on Solar Equipment Soon: R K Singh Updated On Fri, Aug 9th, 2019 by Saurenergy India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. He also announced that a storage policy will be unveiled soon which […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
India Should Focus on Full Value Chain of Solar Manufacturing: TERI Updated On Fri, Aug 9th, 2019 by Saurenergy If India is to achieve its solar energy target of 100 GW by 2022, it should take up the full value chain of solar manufacturing, a new report has revealed. A new report has highlighted that if India is to achieve its solar energy target of 100 GW by 2022, it should take up the […] Read more
Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030 Updated On Fri, Aug 9th, 2019 by Saurenergy Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
NLC India Commissions 100 MW Solar Plant in Tamil Nadu Updated On Thu, Aug 8th, 2019 by Saurenergy NLC India has successfully commissioned a 100 MW solar PV plant in Tamil Nadu. State-owned mining and power generating company, NLC India has announced the successful commissioning of a 100 MW solar PV plant in Tamil Nadu. “Pursuant to confirmation received from TANGEDCO, vide letter dated 07.08.2019, it is informed that the 100 MW Solar […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
Daqo New Energy Announces 112,800 MT Polysilicon Agreement with LONGi Updated On Thu, Aug 8th, 2019 by Saurenergy Daqo New Energy has announced that it has signed a three-year 112,800 MT ultra-high-purity polysilicon supply agreement with LONGi Daqo New Energy, a leading manufacturer of high-purity polysilicon for the global solar PV industry, has announced that it has signed a three-year 112,800 MT ultra-high-purity polysilicon supply agreement with LONGi Green Energy Technology (LONGi), the […] Read more