As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up Updated On Thu, Jan 30th, 2020 by Saurenergy News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […] Read more
IndiGrid Acquires Power Transmission firm ENICL for Rs 1,020 Cr Updated On Thu, Jan 30th, 2020 by Saurenergy IndiGrid has announced the acquisition of power transmission firm ENICL for Rs 1,020 crore. IndiGrid, the country’s first infrastructure investment trust in the power sector, has announced the acquisition of power transmission firm East North Interconnection Company Ltd (ENICL) for Rs 1,020 crore. ENICL is part of the interstate transmission scheme network and consists of […] Read more
Corporations Bought Record Amount of Clean Energy in 2019: BNEF Updated On Wed, Jan 29th, 2020 by Saurenergy Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […] Read more
Limited CERC Relief For Avaada, Canadian Solar in GST Dispute with SECI Updated On Wed, Jan 29th, 2020 by Saurenergy In a detailed order with far reaching implications for multiple cases related to the same issue, the Central Electricity Regulatory Comission (CERC) has provided limited relief to Avaada Power Private Limited and Canadian Solar Holdings on their GST related claims. The pricipal issue for both firms was that the enactment of the GST law was […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Empower Solar Named 2020 Quality Solar Installer by NYSERDA Updated On Wed, Jan 29th, 2020 by Saurenergy EmPower Solar has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row EmPower Solar, an Island Park-based solar installer, has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row. In an […] Read more
Chhattisgarh Discom Invites Bid for Rooftop Solar Projects under Capex Model Updated On Wed, Jan 29th, 2020 by Saurenergy State nodal agency Chhattisgarh State Power Distribution Company Ltd (CSPDCL) has issued tender for the empanelment of vendors for the installation of grid connected rooftop solar photovoltaic (PV) projects under Capex model. As per the tender details, the successful bidder have to install rooftop solar system of 1kwp to 500kwp capacity for all the willing […] Read more
Okaya to Set Up EV Charging Infra for ATS Buildings Pan-India Updated On Tue, Jan 28th, 2020 by Saurenergy With an aim to join the e-mobility rally of India, real estate developer ATS Homes Pvt Ltd (ATS) has signed a Memorandum of Understanding (MoU) with Okaya Power. As per the MoU signed, Okaya will furnish the premises of ATS on pan-India with it’s an in-house built electrical vehicle (EV) charging infrastructure and solutions. The […] Read more
Banque des Territoires Takes a 50% Stake in Total’s French Renewable Portfolio Updated On Tue, Jan 28th, 2020 by Saurenergy Total and Banque des Territoires have signed an agreement for the latter to take a 50% stake in Total Quadran’s solar and wind energy assets in France Total, through Total Quadran – its renewable electricity production subsidiary in France, and Banque des Territoires have signed an agreement upon which Banque des Territoires takes a 50% […] Read more
