SECI Issues NIT for Deployment of RE Projects with Storage at Lakshadweep Updated On Mon, Feb 4th, 2019 by Saurenergy SPDs will also be responsible for the successful O&M of the project for a period of 10 years. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for deployment of Renewable Energy Projects along with a linked Battery Energy Storage System (BESS) in the Union Territory of Lakshadweep. The brief […] Read more
Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL) Updated On Fri, Feb 1st, 2019 by Saurenergy Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […] Read more
MNRE Seeks Suggestions on Draft Offshore Wind Energy Lease Rules Updated On Wed, Jan 30th, 2019 by Saurenergy The ministry has provided a timeline until February 25, 2019, for interested stakeholders to submit their suggestions. The National Offshore Wind Energy Policy provides only a basic framework for the development of offshore wind energy in the country. And now the Ministry has opened its new Draft Offshore Wind Energy Lease Rules for comments/suggestions/views from […] Read more
President Sanctions Implementation of 1 GW Subset of Existing 5 GW VGF Solar Scheme Updated On Wed, Jan 30th, 2019 by Saurenergy Bidding will be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs 1 Crores/MW. The Ministry of New and Renewable Energy (MNRE) has issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 […] Read more
Gujarat Frames Land Policy for Renewable Energy Projects Updated On Mon, Jan 28th, 2019 by Saurenergy A total area which can accommodate 30,000 MW of renewable energy will be sanctioned for these parks, with each park large enough to install a minimum of 1,000 MW. Gujarat has released its land policy for renewable energy projects, which seeks to set up wind parks and wind-solar hybrid parks in the state, similar to […] Read more
Growth in Renewable Energy Investment Slowing Due to Grid Limitations: IEEFA Updated On Fri, Jan 25th, 2019 by Saurenergy An investment of US$ 60-80 billion will be needed in the next five years to keep pace with growing generation capacity. A brief report by the Institute for Energy Economics and Financial Analysis, authored by Tim Buckley and Kashish Shah has revealed that India’s grid transmission infrastructure needs urgent modernisation to not limit the growth […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Maharashtra Races ahead in 2019 with Impressive Response to 1GW Tender Updated On Tue, Jan 22nd, 2019 by Saurenergy Maharashtra was also in the news late last year for its tender of 1400 MW across 30 circles in the state, besides a 1 GW tender for providing solar power purely for a dedicated agricultural grid. Maharashtra’s 1 GW solar tender, which saw the state extend the final submission deadline to Jan 22 (today) from […] Read more
MNRE Issues Clarification on Testing Criteria Under its Solar Pumping Programme Updated On Tue, Jan 15th, 2019 by Saurenergy It will no longer be required of implementing agencies to demand multiple test reports for the same pumps at different heads. The ministry of New and Renewable Energy (MNRE) has issued a notification clarifying the criteria for testing of solar pumps under the Solar Pumping Programme of the Ministry. Responding to the issue raised by […] Read more
