RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations Updated On Wed, Dec 23rd, 2020 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […] Read more
RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm Updated On Wed, Dec 23rd, 2020 by Saurenergy RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […] Read more
First P2P Solar Power Trading In South Asia Launched By UPPCL Updated On Tue, Dec 22nd, 2020 by Saurenergy Uttar Pradesh has become the first state to launch blockchain-enabled solar power trading in India and South Asia in a project led by India Smart Grid Forum (ISGF) with Australian technology company Power Ledger. Uttar Pradesh Power Corporation Limited (UPPCL) and the subsidiary Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) will host a pilot project involving […] Read more
BayWa r.e. Completes Construction of 250 MW Amadeus Wind Farm in Texas Updated On Tue, Dec 22nd, 2020 by Saurenergy Project is largest wind farm completed to date in BayWa r.e.’s global portfolio BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250 MW wind farm has begun selling power into the grid and will generate enough clean, renewable energy to meet the electricity needs […] Read more
Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII Updated On Tue, Dec 22nd, 2020 by Saurenergy CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […] Read more
Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR Updated On Tue, Dec 22nd, 2020 by Saurenergy The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […] Read more
R.K Singh Pushes For Consumer Rights in Power, With Electricity Rules 2020 Updated On Mon, Dec 21st, 2020 by Saurenergy The Power Sector finally sees a much delayed turn towards becoming more consumer centric, with the promulgation of a set of rules and obligations under the “Electricity (Rights of Consumers) Rules, 2020” issued today. Announcing the new rules today, R.K.Singh, the Union Minister of State (Independent Charge) for Power and New & Renewable Energy, said, […] Read more
IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal Updated On Mon, Dec 21st, 2020 by Saurenergy IndiGrid has acquired the 100 MW Indian solar portfolio of Madrid-based Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. India Grid Trust (IndiGrid) has announced in a regulatory filing that it has acquired the 100 MW Indian solar portfolio of Madrid-based developer Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. The KKR-owned Infrastructure […] Read more
1 MW Integrated RE Project Inaugurated, Foundation for 100 MW Project Laid in Goa Updated On Mon, Dec 21st, 2020 by Saurenergy Goa Power Minister Nilesh Cabral recently inaugurated the first 1 MW “convergence project” in the UT, and further laid the foundation stone for another 100 MW project. Nilesh Cabral, Minister for Power and New & Renewable Energy, Government of Goa, has recently inaugurated the first “convergence project”, which integrates the delivery of clean renewable decentralised […] Read more
