NTPC Targets to Install 60 GWs Renewable Energy by 2032 Updated On Mon, Jun 28th, 2021 by Saurenergy India’s largest integrated energy company, National Thermal Power Corporation Ltd (NTPC), has become the first Indian energy company to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). It has announced its sustainability energy compact targets. As per the official release by the ministry, NTPC has set a target to […] Read more
PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain Updated On Thu, Jun 24th, 2021 by Saurenergy Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […] Read more
CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […] Read more
ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] Read more
MNRE to Hold Webinars for 75 Weeks to Mark 75 Years of Independence Updated On Wed, Jun 16th, 2021 by Saurenergy In a statement released yesterday, the Ministry of New and Renewable Energy (MNRE) said that it has been conducting a series of webinars on achievements in new and renewable energy since March 15, 2021. The purpose behind the webinars, which are to continue for 75 weeks since its beginning date, is the commemoration of 75 […] Read more
MNRE’s May Highlights for Union Cabinet Updated On Wed, Jun 16th, 2021 by Saurenergy In its monthly summary of key highlights shared yesterday, the MNRE has focused on renewable energy additions, extension of deadlines due to Covid second wave, and the start of the process for PLI (production Linked Incentive) scheme for solar manufacturing. First up, the ministry shares that 643.66 MW of renewable energy capacity was added in […] Read more
As Renewable Firms Prepare For Appeal, It’s ‘Progress’ Vs Species For the Great Indian Bustard Updated On Wed, Jun 16th, 2021 by Saurenergy It has become clear in recent weeks that the relevant solar developers and their associations will shortly file a review petition in the Supreme Court, for an order on April 19, where the court declared that power lines in the area considered native for the Great Indian Bustard (GIB), must be built underground, to prevent […] Read more
Delhi’s 2041 Draft Master Plan Foresees 50 Percent Energy From Renewables Updated On Fri, Jun 11th, 2021 by Saurenergy Delhi’s Draft Master Plan (MPD 2041) for the next two decades was formally release for public feedback and attention . The MPD is relevant, simply because it lays the roadmap for the city’s development for the next two decades. Previous masterplans have suffered various amendments and changes, almost all driven by political necessities. Basic necessities, […] Read more
IREDA Extends Bid Date For 12 GW CPSU Solar Scheme Updated On Tue, Jun 8th, 2021 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), the implementing agency appointed by Ministry of New & Renewable Energy (MNRE) for the CPSU Scheme Phase II has extended the bid submission date to 15th June. The Central Public Sector Undertaking (CPSU) scheme phase-II envisages setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […] Read more