As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
ITI Tenders for 1200 kW Solar Plant With Net-Metering in Bangalore Updated On Mon, Mar 1st, 2021 by Saurenergy ITI has tendered for a 1200 kW grid-tied solar PV power plant under rooftop/ ground-mounted net-metering at its Bangalore Plant ITI Limited has issued a tender for the commissioning of a 1200 kW grid-tied solar PV power plant under rooftop/ ground-mounted net-metering at its Bangalore Plant in the state of Karnataka. The scope of work […] Read more
Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov Updated On Mon, Mar 1st, 2021 by Saurenergy Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Tumakuru Smart City Floats Tender For 20 MW Floating Solar Project Updated On Thu, Feb 25th, 2021 by Saurenergy The Ministry of Housing and Urban Affairs (MoHUA) of GoI has initiated the Smart City Mission (SCM) and selected Karnataka’s Tumakuru city to be developed as a Smart City. As part of the Smart City Initiative, Tumakuru Smart City Limited (TSCL) has floated a tender for the development of a 20 MWp Grid Connected Floating […] Read more
New Net-Metering cap Risks Stalling Rooftop Solar Progress in India: IEEFA Updated On Mon, Feb 22nd, 2021 by Saurenergy A new regulation that excludes rooftop solar systems over 10 kW from net metering could stall progress for rooftop solar targets of India A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall the adoption of larger installations in India, undermining progress towards the government’s rooftop solar target […] Read more
4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme Updated On Fri, Feb 12th, 2021 by Saurenergy RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […] Read more
The 2021 Roadmap For Solar Updated On Thu, Feb 11th, 2021 by Saurenergy With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […] Read more
