India Added 2,110 MW Solar Power Capacity in Q2 ’21: BRIDGE TO INDIA Updated On Thu, Aug 26th, 2021 by Saurenergy India added 2,110 MW solar power capacity in Q2 2021, according to the the Q2 2021 edition of its “India Solar Compass” report that was recently released by BRIDGE TO INDIA. The report provides a detailed quarterly update of all key sector trends and developments – capacity addition, leading players, tender and policy issuance, equipment […] Read more
Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays Updated On Thu, Aug 26th, 2021 by Saurenergy While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […] Read more
MSEDCL Issues Tenders for 800 MW Wind Projects Updated On Tue, Aug 24th, 2021 by Saurenergy The Maharashtra State Electricity Distribution Company (MSEDCL) has recently issued two requests for selection (RfS) to procure 500 MW of wind power from intra-state wind power projects and 300 MW of wind power from new grid-connected inter-state and intra-state wind projects. In total, MSEDCL will procure 800 MW wind power on a long-term basis through […] Read more
One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX Updated On Mon, Aug 23rd, 2021 by Saurenergy Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […] Read more
Major CERC Judgement on Safeguard Duty Payment, Discount rate, Liability Updated On Mon, Aug 23rd, 2021 by Saurenergy In a detailed 97 page order, the Central Electricity Regulatory Commission has passed an order that covers multiple petitions filed by 34 solar power developers, SECI itself, and involving multiple discoms across the country. The CERC was forced to move to this format as the queries were broadly the same, and required to be settled […] Read more
For The Third Time in August, APTEL Sets Aside KERC Order Updated On Fri, Aug 20th, 2021 by Saurenergy For the third time this month, the APTEL (Appellate Tribunal For Electricity) has seen it fit to set aside an order of the Karnataka State Regulatory Commission (KERC). While the broad issue is the same, the beneficiary this time is Hyderabad based Sirwar Renewable Energy Private Limited, a firm that had set up a 2 […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
4 Days to Aug 22 Deadline for Feedback on Rooftop Solar Guidelines Updated On Wed, Aug 18th, 2021 by Saurenergy The revised deadline for feedback on rooftop solar systems is August 22. The MNRE has shared a detailed feedback document for stakeholders to share their feedback. As readers are aware, India has performed quite poorly on its rooftop solar segment. From a target of 40 GW out of the 100 GW of solar capacity that […] Read more
