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
MNRE Grants Conditional Extension for RE Projects due to 2nd Wave of COVID Updated On Fri, May 14th, 2021 by Saurenergy MNRE has decided that RE projects with SCD on or after April 1, 2021, will be eligible to claim a time extension for completion of work. The Ministry of New and Renewable Energy (MNRE) has notified that after considering the representations received from project developers and stakeholders, it has been decided that as a measure […] Read more
Borosil Renewables Bags National Award 2021 for Technology Development Updated On Wed, May 12th, 2021 by Saurenergy India’s first and only domestic solar glass manufacturer, Borosil Renewables has grabbed the National Award for Successful Commercialisation 2021. The award has been given under the best technology development category for its masterpieces including 2mm fully tempered solar glass, Shakti: Solar glass in matt finish, Selene: Anti-glare solar glass for PV installations near the airport. […] Read more
PLI Scheme for Solar Manufacturing to Benefit Incremental Demand till FY30: Report Updated On Wed, May 12th, 2021 by Saurenergy According to a new report India’s solar modules manufacturing under production linked incentive (PLI) scheme will benefit incremental panels demand till the financial year 2030 (FY30). Ind-Ra estimates that the allocation of INR 45 billion towards the solar modules manufacturing industry by the Ministry of New and Renewable Energy (MNRE) can benefit the sales of […] Read more
MNRE’s New Scheme Guidelines for 12,000 MW CPSU Phase-II Project Updated On Tue, May 11th, 2021 by Saurenergy The ministry of new and renewable energy (MNRE) has released the newly amended scheme guidelines for implementation of Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme) for setting up 12,000 MW grid-connected Solar PV power projects by the Government Producers. These 12,000 MW projects will be produced by the government producers with Viability […] Read more
