India to add Only 60 GW RE Capacity by 2025: BTI Survey Updated On Fri, Jul 3rd, 2020 by Saurenergy India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by BTI. India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by […] Read more
Average Power Price in RTM Lowers to Rs 2.22 per Unit in June Updated On Thu, Jul 2nd, 2020 by Saurenergy The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […] Read more
Suzlon Completes Debt Restructuring With Rs 392 Crore Infusion Updated On Thu, Jul 2nd, 2020 by Saurenergy Suzlon Group has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. Indian wind energy major Suzlon has announced that it has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. In May, the group […] Read more
Let’s Make India The Recycling Hub Of The World: Rajat Verma Updated On Wed, Jul 1st, 2020 by Saurenergy As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […] Read more
Enel Scores First Solar Tender win in India, 420 MW Project in Rajasthan Updated On Wed, Jul 1st, 2020 by Saurenergy Enel Green Power has won its first solar tender in India, has been awarded the right to sign a 25-year energy supply contract for a 420 MW solar project. Enel Green Power has announced that it has, through its Indian renewable energy subsidiary EGP India – Avikiram Surya India, won its first solar tender in […] Read more
Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
Can India become self-reliant in solar equipment, especially modules and cells, in 5 years? Updated On Mon, Jun 29th, 2020 by Saurenergy During the current scenario where a wave of ‘AatmaNirbhar’ and ‘Vocal for Local’ is gaining traction amid global economic turmoil on the back of coronavirus pandemic, there is also a need to check that how far we have reached till now, what will be the challenges and how far will be the road ahead in […] Read more
State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more