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
MNRE to Compile List of All Solar PV Cells and Modules Updated On Thu, Jan 3rd, 2019 by Saurenergy All the models and developers which comply with the BIS standard will be complied in a list called ‘Approved List of Models and Manufacturers’. In accordance with the BIS certification for solar modules and solar cell manufacturer and to ensure the longevity of such projects, the Ministry of New and Renewable Energy (MNRE) has decided […] Read more
Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect Updated On Mon, Dec 24th, 2018 by Saurenergy Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
