Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
Adani Green Announces Completing 1050MW JV With TotalEnergies Updated On Tue, Jan 2nd, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects. This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […] Read more
NTPC Objects To Solar Cell Imports From China, Loses Case Before CERC Updated On Tue, Jan 2nd, 2024 by Saurenergy In a recent case before the Central Electricity Regulatory Commission (CERC), Indian power behemoth NTPC objected to the plan of a solar power developer to continue importing solar cells at higher prices. The development came to the fore when Solairepro Urja Pvt Ltd, a Pune-based solar developer, moved CERC seeking compensation. The firm demanded compensation […] Read more
ESMAP, World Bank Report Make Case For Energy-Plus Storage In India Updated On Fri, Dec 29th, 2023 by Saurenergy A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […] Read more
Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
Gujarat Hosts 30% of India’s Total Rooftop Solar Capacity: Data Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was […] Read more
Parliamentary Standing Committee Recommends Incentives Under FAME Scheme Updated On Fri, Dec 22nd, 2023 by Saurenergy A standing committee report on ‘Promotion of Electric Vehicles (EV) In the Country’, mentions that, among category-wise EV, the production and sale of EV-three-wheeler vehicles is found to be highest in India. It recommends that the ministry should broaden the scope and extend FAME-II Scheme for at least three more years. This would support the […] Read more
CERC Grants Compensation To Azure Power Over ‘Change of Law’ Events Updated On Fri, Dec 22nd, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed Azure Power compensation for ‘change of law’ events. These events were related to the Goods and Service Tax (GST) surge on solar products. The detailed order said that the case was related to three projects of Azure. This includes two 300 MW solar plants, each situated […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
