76 MW RE Projects Cleared in Telangana: Minister G Jagadish Reddy Updated On Tue, Sep 28th, 2021 by Saurenergy Energy minister G Jagadish Reddy said the Telangana state government had received applications for generation of renewable energy for 90 MW and of them 76 MW projects had been cleared. He said that several industrialists were not coming forward to install units to generate power from waste due to stringent norms for disposal of waste. […] Read more
IREDA to Provide Advisory Services to TANGEDCO for RE Projects Updated On Tue, Sep 7th, 2021 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO) for providing its technical expertise in developing renewable energy projects and fund raising. The MoU was signed by Mr. Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Mr. […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
Norway Allocates $1.2 bn for RE Projects in Developing Nations Updated On Fri, Jul 9th, 2021 by Saurenergy The Norwegian government has announced the allocation of $1.16 billion over five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions. Speaking about the new fund, Minister of International Development Dag-Inge Ulstein said, “It is part of the solution to some of […] Read more
MNRE Extends Commissioning Date of RE Projects Due to Covid-19 Updated On Wed, Jun 30th, 2021 by Saurenergy As the nation is struggling to overcome the second wave of the Covid-19, various sectors have been affected along with several projects which couldn’t get commissioned on their stipulated dates. One of them is the Renewable Energy (RE) sector and the RE projects, and now the Ministry of New and Renewable Resources (MNRE) has extended […] Read more
CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
MNRE Grants Conditional Extension for RE Projects due to 2nd Wave of COVID Updated On Fri, May 14th, 2021 by Saurenergy MNRE has decided that RE projects with SCD on or after April 1, 2021, will be eligible to claim a time extension for completion of work. The Ministry of New and Renewable Energy (MNRE) has notified that after considering the representations received from project developers and stakeholders, it has been decided that as a measure […] Read more
Enel Green Power Announces 1.5 GW RE Projects and 319 MW Storage in US Updated On Thu, May 6th, 2021 by Saurenergy Enel has started construction on five new renewable energy projects in the US worth 1.5 GW of new capacity and 319 MW of battery storage. Enel, through its US renewable subsidiary Enel Green Power North America, has started construction on five new renewable energy projects in the US including Roseland solar + storage, Blue Jay solar […] Read more
Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects Updated On Thu, Apr 22nd, 2021 by Saurenergy Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […] Read more
