India Signs MoU to Share Bolivia’s Vast Lithium Deposit Updated On Mon, Apr 1st, 2019 by Saurenergy Both sides agreed to work together for exploration and extraction of the vast Lithium deposits of Bolivia. Lithium is a key resource used in making batteries that India needs for its clean technology initiatives such as increased use of electric cars. India after signing a Memorandum of Understanding (MoU) with Bolivia, has leveraged its way […] Read more
India Levies Anti-Dumping Duty on EVA Sheet for Solar Module Updated On Mon, Apr 1st, 2019 by Saurenergy The anti-dumping duty imposed shall be effective for a period of five years. The Department of Revenue under the Ministry of Finance has imposed an anti-dumping duty on the import of ‘Ethylene Vinyl Acetate (EVA)’ sheet used in the manufacture of solar cells and modules from China, Saudi Arabia, Malaysia and Thailand. In a notification, […] Read more
SLDC Can’t Cut Down Renewable Power Per Convenience : TNERC Updated On Mon, Apr 1st, 2019 by Saurenergy TNERC outlined these findings in a petition regarding stopping issuance of backing down or curtailment instructions to solar projects. In a significant move for the energy sector, the Tamil Nadu Electricity Regulatory Commission (TNERC) has stated that State Load Dispatch Centre (SLDC) cannot curtail renewable power at their convenience, adding that backing down of the “Must Run Status” power shall […] Read more
22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19 Updated On Mon, Apr 1st, 2019 by Saurenergy In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year. Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […] Read more
CEL Issues EoI For Empanelment of EPC Contractors For Executing BESS Projects in India Updated On Mon, Apr 1st, 2019 by Saurenergy The last date for submission of responses for the EoI is July 31, 2019. The Central Electronics Limited (CEL) has issued an Expression of Interest (EoI) for empanelment of firms/ EPC contractors for executing Battery Energy Storage System (BESS) projects in India. The purpose of the EoI is to invite firms/ EPC contractors who have […] Read more
SECI Extends Deadline For its Floating Solar Plus Storage Tender at Lakshadweep Updated On Mon, Apr 1st, 2019 by Saurenergy The last date of bid submission has been extended from April 1, 2019, to May 5, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up of 20 MW floating solar PV power plants with associated 60 MWh Battery Energy Storage System (BESS) at […] Read more
Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets Updated On Mon, Apr 1st, 2019 by Saurenergy Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis. The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […] Read more
Lubi Solar Bags Order for 500 Solar Water Pump Installations in Rajasthan Updated On Sat, Mar 30th, 2019 by Saurenergy The company spokesperson when contacted said that, with this order in Rajasthan, Lubi Solar will grab other solar water pump projects such as RHDH soon. Lubi Solar, which is a division of Lubi Electronics, has won the prestigious order for supply, installation and commissioning of 500 Solar Photovoltaic (SPV) water pumping systems in various parts […] Read more
Kochi Metro Plans to Double its Solar Power Usage to 40 Percent Updated On Sat, Mar 30th, 2019 by Saurenergy The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […] Read more
