IEX, PXIL Green Certificate Sales Nosedive 49.34% in August Updated On Fri, Aug 31st, 2018 by Saurenergy The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […] Read more
Malaysia Seeks Relief on India’s Solar Safeguard Duty from WTO Updated On Fri, Aug 31st, 2018 by Saurenergy India had imposed safeguard duty of up to 25 per cent on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in inbound shipments. Malaysia has sought consultations with India under the WTO’s safeguard agreement against New Delhi’s decision to impose import duty on solar cells, the World Trade Organisation […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
Tata Power Commissions 820.8KW Rooftop Solar Power Station at CCI Updated On Thu, Aug 30th, 2018 by Saurenergy Inaugurated by Maharashtra Chief Minister Devendra Fadnavis, the plant will save the stadium around 25% of the costs spent on electricity consumption. Adding another solar energy production to its portfolio, Tata Power has commissioned a 820.8 KW rooftop solar power plant at Cricket Club of India (CCI). Inaugurated by Maharashtra Chief Minister, Devendra Fadnavis the […] Read more
Amplus Energy Bids Lowest-Ever for MPUVNL’s RESCO Tender Updated On Thu, Aug 30th, 2018 by Saurenergy Amplus Energy offered tariffs in the range of Rs 1.69 per unit to Rs 2.71 per unit with a record low of Rs 1.69 per unit for the 5.2 MW aggregate capacity for the State Municipal Corporations. Amplus Energy Solutions has emerged as a front runner by winning 10.25 megawatts (MW) of solar rooftop plant […] Read more
India Beholds Lowest-Ever Solar Tariff Rates in MP’s 35MW Solar Rooftop Tender Updated On Wed, Aug 29th, 2018 by Saurenergy MPUVNL tender for 35 MW grid-connected rooftop solar power project was rolled out under global Renewable Energy Service Company (RESCO) tenders with participation from 31 reputed developers. India witnessed a breakthrough in solar industry in the form of lowest-ever tariff rate of Rs. 1.58 per unit of power bid in Madhya Pradesh’s 35 MW solar […] Read more
California Assembly Passes 100% Carbon-Free Electricity Bill Updated On Wed, Aug 29th, 2018 by Saurenergy Followed by the passage by the California Assembly the ‘Senate Bill 100’ is one procedural step away from it successful implementation. In a bid to reduce the greenhouse gas emissions and switch to renewable energy sources for all of its power requirements, California State Assembly has passed the historic bill decarbonizing its electricity systems. Followed […] Read more
Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
Floating Solar Panels to Power Maharashtra Updated On Wed, Aug 29th, 2018 by Saurenergy A study on the development of the projects for Maharashtra is in an advanced stage at the Ujani dam, while the Jayakwadi dam was later added to the project. Marathwada Statutory Development Corporation (MSDC), a body formed by the state government, has come up with a plan to erect floating solar panels in the backwaters […] Read more
