Cell Shortage Forces Timeline Extension by MNRE For CPSU Phase II Solar Updated On Tue, Jun 8th, 2021 by Saurenergy As predicted by many Industry experts, domestic cell production has failed to keep up with demand for various central schemes that mandate local sourcing. Now the Ministry of New And Renewable Energy (MNRE) has stepped in to provide and extension to projects under tranche I and II of the CPSU Phase II scheme. The MNRE […] Read more
Daily Price Swings to be Limited to 10% by Upcoming China ETS Updated On Mon, May 31st, 2021 by Saurenergy According to a recent report in The Securities Times, a Shenzhen-headquartered national financial newspaper, China’s national Emission Trading Scheme (China ETS) – a policy considered important for achieving the country’s net-zero goals – will initially set daily trading limits at 10 per cent of prices when it comes online late in June. The report cites Mr Lai […] Read more
Report Places Jinko At No.1 In Module Shipments to India In Q1 Updated On Wed, May 26th, 2021 by Saurenergy Q1 (Jan to Mar) of 2021 module shipments data for India tracked by JMK Research and Analytics has placed Jinko Solar, as the no. 1 module seller in India. Jinko’s performance comes despite disruptions caused by COVID-19. The report states that India added 3.9GW of solar installations in the first quarter of 2021. JinkoSolar, with a […] Read more
APTEL Asks KERC to Decide Compensation owed to Fortum by DISCOMs Updated On Wed, May 26th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) recently gave a judgement in favour of Fortum Solar India Private Limited after the solar power developer petitioned it, seeking compensation from various DISCOMs. The full judgement can be read here. The tribunal not only directed the Karnataka Electricity Regulatory Commission (KERC) to determine the incremental tariff payable to Fortum, […] Read more
Italian Wind Firm ERG Acquires 80 MW Renewables Portfolio in France Updated On Mon, May 24th, 2021 by Saurenergy Leading Italian wind power operator ERG announced in a press release on Friday its acquisition of a company that holds an operational renewables portfolio of 80 MW in France. ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
DGTR’s Third Anti Dumping Investigation. Too Little, Too Late? Updated On Tue, May 18th, 2021 by Saurenergy The announcement by the ministry of commerce and industry of the Directorate General of Trade Remedies (DGTR) starting an anti-dumping probe on imports of solar cells imported from China, Vietnam, and Thailand was made yesterday. The move, while following due process as one would hope, leads to several questions regarding its relevance. Perhaps the only […] Read more
MNRE Waives off Hard Copy Requirement for RE Project Invoices Updated On Fri, May 14th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) released a notification yesterday, stating that for RE projects which were scheduled to be implemented April 1, 2021, onwards, the requirement of submitting physical hard copies has been waived off and the implementing agencies have been directed to accept soft copies of invoices. The notification is meant as […] Read more
Vietnam’s PDP8 Delay Can Unlock More Cost-Effective RE: IEEFA Updated On Fri, May 14th, 2021 by Saurenergy The key is to refine new strategies and improve market structures Vietnam’s Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8), was expected to be signed off at the end of March during the last days of Prime Minister Nguyen Xuan Phuc’s administration, but it hit an unexpected delay. Rather than being […] Read more
