CERC’s Order Lowering REC Forbearance, Floor Price Removal Positive for Obligated Entities Updated On Wed, Jun 24th, 2020 by Saurenergy With the significant reduction in wind and solar power tariffs during the last three years, the power sector regulator Central Electricity Regulatory Commission (CERC) has recently reduced the forbearance prices and also removed the floor price for the Renewable Energy Certificates (RECs). This move is expected to negatively impact the REC projects, even as it […] Read more
REC’s Alpha Series Gets BIS Certification Updated On Wed, Jun 24th, 2020 by Saurenergy REC Group, the largest European solar PV brand with over 500MW of installed capacity in Indian subcontinent, has announced the successful certification of its Alpha series by the Bureau of Indian Standards. The Alpha series, based on the breakthrough Hetero junction technology (HJT) offers a high quality option to Indian buyers now, especially those looking […] Read more
PFC, REC, IREDA to Lend at Lower Rates; Imported Solar Products May Face BCD from August Updated On Tue, Jun 23rd, 2020 by Saurenergy After putting an end on all the speculations, the government on Tuesday has hinted about its intentions for the imposition of basic customs duty (BCD) in near future instead of its earlier plan for next year. On the matter, Power Minister RK Singh informed industry stakeholders via video conferencing about his Ministry’s proposal to implement […] Read more
IEA Offers Sustainable Recovery Plan to Governments to Boost Economic Growth Updated On Thu, Jun 18th, 2020 by Saurenergy IEA has outlined energy-focused policies and investments in a new Sustainable Recovery Plan to move the world towards a cleaner and more resilient future. The International Energy Agency (IEA) has, based on an analysis conducted in cooperation with the International Monetary Fund (IMF), outlined energy-focused policies and investments in a new Sustainable Recovery Plan to […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
GE, COBOD, LafargeHolcim Partner to Co-Develop Record 200 m Tall Wind Turbines Updated On Wed, Jun 17th, 2020 by Saurenergy USD 15 billion wind energy giant GE Renewable Energy, COBOD and LafargeHolcim have entered into a partnership to co-develop wind turbines having record heights up to 200 meters with optimized 3D printed concrete bases. The COBOD International is a leading 3D construction printing company, supplying this technology to its customers in Asia, the Middle East, […] Read more
SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision Updated On Wed, Jun 17th, 2020 by Saurenergy The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […] Read more
Clean Energy Investments the Ideal Route for COVID-19 Recovery in APAC: ADB Updated On Wed, Jun 17th, 2020 by Saurenergy More and consistent investments in clean energy infrastructure will contribute to APAC’s recovery from COVID-19 and make economies more resilient More and consistent investments in clean energy infrastructure will contribute to Asia and the Pacific’s (APAC’s) recovery from the coronavirus disease (COVID-19) pandemic and make economies more resilient against similar future shocks, participants at the […] Read more
REC Group to Virtually Launch its Exhibition Booth, Showcasing Premium Products Updated On Wed, Jun 17th, 2020 by Saurenergy The REC Group is set to virtually launch its popular exhibition booth on June 24, showcasing its premium products in a lively online exhibition display. Pioneering international solar energy company REC Group has announced that it is set to virtually launch its popular exhibition booth on June 24, 2020, showcasing its premium products in a […] Read more
