China’s Target of 20% Renewables by 2030, Considerably Harder Updated On Fri, Mar 29th, 2019 by Saurenergy Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications. China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […] Read more
Uzbekistan’s First Competitively Tendered Solar Project Receives Global Interest Updated On Fri, Mar 29th, 2019 by Saurenergy IFC, a member of the World Bank Group, is advising the government of Uzbekistan on a landmark PPP transaction that will lead to the creation of a 100 MW solar plant in Navoi region. This project will be the first phase of a larger government initiative to generate up to 1 GW of new solar […] Read more
China Cuts Electric Vehicle Subsidies To Push Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy After a huge spike in sales of electric vehicles, China has announced plans to reduce subsidies for electric vehicles sold in the country. China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. However, the cuts were […] Read more
No Transmission Charges For Use of ISTS Network For Solar and Wind Projects : CERC Updated On Thu, Mar 28th, 2019 by Saurenergy CERC amends regulations for sharing of Inter-state Transmission Charges & Losses to levy no charges for use of the ISTS-Network for Solar and Wind projects. The Central Electricity Regulatory Commission (CERC) has issued an amendment for the Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges & Losses) Regulations, 2010. According to the latest amendment, […] Read more
Tata Power Solar Launches Solar Rooftop Solutions in Jaipur Updated On Thu, Mar 28th, 2019 by Saurenergy TATA Power Solar has launched its solar rooftop solutions in Rajasthan’s capital city of Jaipur After the successful launch of residential rooftop solution in Delhi, Mumbai, Bhubaneswar, Bengaluru, Chennai, Guwahati, Jamshedpur and Kolkata, Tata Power has launched its rooftop solar solutions in the pink city of Rajasthan-Jaipur. The event was inaugurated by Mr. Suman Chandrawat, […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
SECI Issues Amendments For its 97.5 MW Rooftop Solar Scheme For Govt Buildings Updated On Thu, Mar 28th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has issued amendments and clarifications for the implementation of 97.5 MW grid-connected rooftop solar PV system scheme for government buildings in different states/union territories of India under RESCO/CAPEX model. Besides amendments to the provisions and guidelines of the RfS document, SECI has also extended the bid submission deadline […] Read more
Pre-Bid Meeting For 2000 MW Solar Projects Tender Under CPSU-II Scheme Updated On Thu, Mar 28th, 2019 by Saurenergy The pre-bid meeting has been scheduled for April 2, 2019. The Solar Energy Corporation of India (SECI) has issued a notification with the schedule for the pre-bid meeting for its 2000 MW grid-connected solar PV power project tender (Tranche-1) under the Central Public Sector Undertaking (CPSU) Phase-II Scheme (Government Producers Scheme). In order to discuss […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more