India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary Updated On Wed, Jun 26th, 2019 by Saurenergy India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […] Read more
Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems Updated On Tue, Jun 25th, 2019 by Saurenergy Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more
Madhya Pradesh Increments Capacity to 32 MW For Rooftop Solar Tender Updated On Mon, Jun 24th, 2019 by Saurenergy Madhya Pradesh has increased the solar capacity under its rooftop tender to 32 MW from 25 MW. The Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) has increased the capacity tender under its rooftop tender to 32 MW from 25 MW. MPUVNL had invited Request for Proposal (RfP) for the selection of bidders for the implementation […] Read more
Inox Wind Commissions Power Evacuation System with ISTS Network in Gujarat Updated On Mon, Jun 24th, 2019 by Saurenergy Inox Wind Limited has announced the commissioning of the common power evacuation facilities at Dayapar site in Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has announced the commissioning of the common power evacuation facilities at Dayapar site in District Bhuj in the State of Gujarat. The common power evacuation systems […] Read more
Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt Updated On Mon, Jun 24th, 2019 by Saurenergy Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […] Read more
RK Singh Assures Support for Power, RE Sector Development in Raj Updated On Sat, Jun 22nd, 2019 by Saurenergy During the meeting, RK Singh asked Rajasthan Energy Minister, Kalla, to further improve the power sector in the state. The Union Power Minister Raj Kumar Singh, in continuation of his second term in the Modi government, met with the Energy Minister of Rajasthan, BD Kalla, in New Delhi and assured him of all possible support […] Read more
Will an open access policy across India give the much needed thrust to solar power? Updated On Sat, Jun 22nd, 2019 by Saurenergy Open access policy open ways to buy power at competitive price, this policy can be a game changer in the solar sector. Here we have taken a quick opinion on this from a few industry veterans, see what they say… Jaideep N. Malaviya, Secretary General, Solar Thermal Federation of India (STFI) “Open access for […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
