Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more
The Triple Challenge Dragging Down Solar In India Updated On Fri, Aug 28th, 2020 by Saurenergy On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […] Read more
Greenko Signs MoU With NTPC to Explore RE and Storage Solutions Updated On Thu, Aug 27th, 2020 by Saurenergy Greenko has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions across India Energy solutions provider Greenko Energies has announced that it has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions. The company has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar […] Read more
ReNew Power and UNEP Partner up to Promote Increased Access to RE Updated On Wed, Aug 26th, 2020 by Saurenergy UNEP has signed a partnership agreement with ReNew Power to promote increased access to renewable energy and improved energy efficiency in India The United Nations Environment Programme (UNEP) has announced that it has signed a partnership agreement with one of India’s largest independent renewable energy companies – ReNew Power to promote increased access to renewable […] Read more
Australia Joins India with Delays in RE Projects Updated On Tue, Aug 25th, 2020 by Saurenergy If you thought India was the only place hit by extended delays and potential cancellations, think again. Australia, which has had a stop-start relationship of its own with renewable energy, especially utility scale solar and wind, has fallen into the same trap. Of course, there, more than just policy, it has been issues related to […] Read more
Amplus Achieves First Successful Solar Trade on GTAM Updated On Sat, Aug 22nd, 2020 by Saurenergy On August 20th, three days after the launch of India’s first ever Green Term-Ahead Market (GTAM) at the Indian Energy Exchange (IEX), Amplus Solar sold solar electricity on the exchange, becoming the first solar generator to trade on GTAM. IEX had launched the GTAM on its power trading platform after receiving approval from the CERC […] Read more
AISIA Bats for 50% BCD on Solar Equipment Updated On Fri, Aug 21st, 2020 by Saurenergy The Body urged Government of India on immediate implementation of BCD All India Solar Industries Association (AISIA) has urged the government to impose at least 50% basic custom duty (BCD) on solar equipment for sustenance of domestic manufacturers. The country’s dependency on China for solar imports in FY20, was recorded at imports worth $1.3 billion. […] Read more
India’s Stuttering Solar Progress Grinds To a Halt With COVID-19 Updated On Thu, Aug 20th, 2020 by Saurenergy Two latest reports by independent research agencies in the Indian renewable energy segment have revealed that the first half of the year (H1 2020) only saw a total of between 1 GW and 1.3 GW of new solar installations in India. While the full year installations expected to reach 3.5 GW (4.5 GW with rooftop) […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
