Big Bang? 90K Crores Credit Line For Discoms in Stimulus Package Updated On Wed, May 13th, 2020 by Saurenergy After the Prime Minister announced his Rs 20 trillion stimulus package yesterday, in the morning today, we had written about how lack of any strong, concrete measures to solve the discom mess in India would be a very disappointing outcome for the power sector. The good news is, the sector has been saved disappointment in […] Read more
‘Ultra-Mega Solar Parks Kick-Start India’s Energy Transition by Attracting Foreign Capital, Developers’ Updated On Wed, May 13th, 2020 by Saurenergy India’s approach towards building ultra-mega power plant (UMPP) attracted foreign investment and leading global developers which drives towards a renewable energy investment boom in the country. This has also provided investors with an opportunity to join a USD 500-700 billion renewable energy and grid infrastructure investment boom in the coming decade. “This approach has driven […] Read more
Uttarakhand to Empanel EPC Contractors for Rooftop Solar Projects Updated On Tue, May 12th, 2020 by Saurenergy UREDA has issued a tender for empanelment of the EPC contractors for commissioning of rooftop and small solar plants at various locations in Uttarakhand. The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a tender, inviting bids from eligible firms for the empanelment of the EPC contractors to undertake work of project commissioning of grid-connected […] Read more
Ameresco Partners with New Hampshire on Energy Savings Performance Contract Updated On Tue, May 12th, 2020 by Saurenergy Ameresco is partnering with the State of New Hampshire for undertaking energy conservation measures at over 20 state facilities Ameresco, a leading energy efficiency and renewable energy company, has announced that it is partnering with the State of New Hampshire on an energy savings performance contract (ESPC) that will allow for energy conservation measures at […] Read more
Indu Shekhar Chaturvedi Assumes Charge as Secretary MNRE Updated On Tue, May 12th, 2020 by Saurenergy The Ministry of New & Renewable Energy has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, MNRE from May 11, 2020. The Ministry of New and Renewable Energy (MNRE) has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, Ministry of New & Renewable Energy from […] Read more
Why Resisting Calls To Hold Back Amendments to Electricity Act Is Vital Updated On Tue, May 12th, 2020 by Saurenergy Even as the Electricity Act Amendment Bill, that seeks to make crucial changes to the Electricity Act (2003) is seemingly on the verge of being finalised for passing, resistance has finally started showing up. Predictably, it is Tamil Nadu, a state which has some of the highest market distortions in its power market, that has […] Read more
Largest Solar Project in US History Gets Government Approval Updated On Tue, May 12th, 2020 by Saurenergy US Department of the Interior and the Bureau of Land Management have granted approval to construct and operate the largest solar project in US history. The United States (US) Department of the Interior and the Bureau of Land Management (BLM) have announced that they have granted approval for the proposal to construct and operate the largest […] Read more
CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio Updated On Tue, May 12th, 2020 by Saurenergy The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […] Read more
Bangladesh Module Manufacturers Need Stimulus to Maintain Operations: GlobalData Updated On Tue, May 12th, 2020 by Saurenergy The Solar Module Manufacturers Association Bangladesh have requested for government support after operations took a hit due to the COVID-19 industrial lockdown; Somik Das of GlobalData has commented on the situation. Following the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day […] Read more
