India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
How World Record Low Solar Prices Moved Out of India Updated On Sat, Sep 19th, 2020 by Saurenergy Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […] Read more
If RPO’s Are Drivers of Renewable Energy, An Exclusive Exchange for Green Power Is Fuel Updated On Thu, Sep 17th, 2020 by Saurenergy The Green Term Ahead Market (GTAM), launched on the Indian Energy Exchange (IEX) in August, has been touted as a huge step forward for renewable energy generators and buyers. SaurEnergy spoke to Rohit Bajaj, Head, Business Development at IEX on the new development. Q. What is the single biggest impact of GTAM you see on the market? […] Read more
UL Receives Accreditation to Test RE Plants in India per CEA Grid Codes Updated On Wed, Sep 16th, 2020 by Saurenergy UL has received accreditation from DAkkS that enables it to test renewable energy (RE) power plants per CEA of India grid codes. UL, a global safety science company, has announced that it has received accreditation from Deutsche Akkreditierungsstelle GmbH (DAkkS) that enables it to test renewable energy (RE) power plants per Central Electricity Authority (CEA) […] Read more
As India Presses for Domestic Manufacturing, Bifacial Modules Should Get Their Due Updated On Wed, Sep 16th, 2020 by Saurenergy At last count, over 12 GW of manufacturing announcements or at least an intent to manufacture solar cells and modules had been announced in India. The names include firms with an established record for execution, as well as firms that are building one now. From the Adani Group, to Azure Power, Renew Power, to Tata […] Read more