As RE Continues to Expand, India’s Battery Storage Market a Sleeping Giant: IEEFA Updated On Mon, May 10th, 2021 by Saurenergy Grid integration of large-scale variable renewables will be one of India’s biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. […] Read more
ACWA Power to Develop 1.5 GW Wind Project in Central Asia Updated On Wed, May 5th, 2021 by Saurenergy ACWA Power has signed an implementation agreement for the development, construction & operation of a 1.5 GW wind power project in Uzbekistan. ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the […] Read more
Germany’s Federal Network Agency Awards 664 MW In Wind And Solar Projects Updated On Tue, Dec 22nd, 2020 by Saurenergy Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. The tender, which was open for submissions by December 1, 2020, targeted 366.9 MW of onshore wind […] Read more
Deadline Extended for EOI Submission for RE Solutions in Himalayas Updated On Wed, Dec 2nd, 2020 by Saurenergy SECI has extended the deadline for submission of EOI for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy (RE) […] Read more
SECI Offers Extension in EOI Submission for RE Solutions in Himalayas Updated On Mon, Nov 9th, 2020 by Saurenergy SECI has extended the last date for submission of EOI for its call for RE based solutions for meeting energy requirements in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy […] Read more
Over 17 GW of Wind Turbine Capacity Ordered Globally in Q2 2020: WoodMac Updated On Fri, Oct 16th, 2020 by Saurenergy The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally, according to a new analysis from Wood Mackenzie. The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated USD 16 billion, according to a new analysis […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
751.52 MW of RE Capacity Added in August, Total at 88.65 GW: MNRE Updated On Tue, Sep 15th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for August 2020, revealing that a total of 751.52 MW of RE capacity was added during the month, which took India’s total to 88.65 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for […] Read more
