Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
GST to cause significant disruption to the solar sector: Bridge to India Updated On Tue, May 23rd, 2017 by Saurenergy Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
QOS Energy opens new office in India to meet the growing demand of its customer base Updated On Tue, May 23rd, 2017 by Saurenergy QOS Energy helps utilities, IPPs, O&M service providers and asset managers to maximize return on investment using powerful data-driven decision making tools (KPIs, Dashboards, and Alerts). QOS Energy has announced the opening of a new office in India to meet the growing demand of its customer base and exploit the opportunities offered by the booming […] Read more
Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report Updated On Mon, May 22nd, 2017 by Saurenergy Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […] Read more
Uttar Pradesh government to set up 750 MW solar power plant at Badhla, near Jodhpur: Report Updated On Mon, May 22nd, 2017 by Saurenergy The Uttar Pradesh government is targeting to generating solar power from the project from October 2018. Uttar Pradesh government is reportedly gearing up to set up 750 megawatt solar plant at Badhla, near Jodhpur. According to ET UP government will draw the power in the state from the transmission network of Power Grid Corporation of […] Read more
Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more
