Uzbekistan Seeking Private Developers for 400 MW Solar Projects Updated On Wed, Feb 26th, 2020 by Saurenergy The Ministry of Energy of Uzbekistan has invited EoI from private developers to build and operate two solar projects worth 400 MW capacity in the country. The Ministry of Energy of Uzbekistan has invited expression of interest (EoI) from private developers to build and operate two solar projects worth a combined 400 MW capacity in […] Read more
Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA Updated On Tue, Feb 25th, 2020 by Saurenergy ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […] Read more
MNRE to Soon Issue Relief Guidelines for Solar Projects Delayed By Coronavirus Updated On Sat, Feb 22nd, 2020 by Saurenergy With an aim to save renewable energy developers from expected delays in project commissioning on the back of lack of supply from China due to spread of coronavirus, the Ministry of New and Renewable Energy (MNRE) will provide extra time for such developers. The move is expected to be in line with the earlier clarification […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share Updated On Wed, Feb 19th, 2020 by Saurenergy Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […] Read more
Nearly 27 GW of new Solar Capacity Added in India in Last Three Years Updated On Wed, Feb 19th, 2020 by Saurenergy A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years in India. A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years i.e. from 2016-17 to 2018-19 and the current year […] Read more
SECI Scores 9 Bids Worth 3.5 GW in Response to 1.2 GW Solar Tender Updated On Tue, Feb 18th, 2020 by Saurenergy SECI has reported a list of 9 bidders who have submitted bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which was issued in January. The Solar Energy Corporation of India (SECI) has reported a list of nine bidders who have submitted prospective bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which […] Read more
Chinese Wind Installations Could be Halved in 2020: Coronavirus Outbreak Updated On Tue, Feb 18th, 2020 by Saurenergy The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to a new report The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to research firm Wood Mackenzie. “We estimate production delays across […] Read more
