ArcVera Renewables Forays into Indian Renewable Energy Segment Updated On Wed, Sep 30th, 2020 by Saurenergy ArcVera Renewables, an international provider of consulting and technical services for wind, solar and hybrid energy storage projects, has announced its entry into the fast-growing Indian renewable energy market. The firm has set up its first office in India in Bangalore. The company stated that it has assembled a team of international experts to deliver […] Read more
MNRE Shares Solar Tender Issued in Bhutan for Participation by SPDs Updated On Tue, Sep 29th, 2020 by Saurenergy MNRE has asked SPDA and NSEFI to circulate a solar tender issued in Bhutan amongst solar power developers in India for possible participation in the bid. The Ministry of New and Renewable Energy (MNRE) has written to industry bodies the Solar Power Developers Association (SPDA) and the National Solar Energy Federation of India (NSEFI) to […] Read more
AREAS Invites Proposals for Decentralised RE Solutions for Rural Applications Updated On Tue, Sep 29th, 2020 by Saurenergy AREAS has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. The Association of Renewable Energy Agencies of States (AREAS) has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. In line with this, the agency has invited proposals from innovators, […] Read more
“Green” Credentials of Biomass Energy Challenged by Korean Solar Industry Updated On Mon, Sep 28th, 2020 by Saurenergy Solar developers in South Korea are filing a potentially game-changing lawsuit against their national government (midday Korea Standard Time, 28 September), citing unconstitutional renewable energy subsidies to wood burning that have worsened air pollution, accelerated climate change, and stunted the growth of the Korean solar energy sector. The case represents the first national-level lawsuit challenging […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
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
