Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019 Updated On Thu, Feb 13th, 2020 by Saurenergy The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total […] Read more
MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz Updated On Wed, Feb 12th, 2020 by Saurenergy With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […] Read more
Adani Sells 25.10% Stake in AEML to Qatar Investment Authority Updated On Tue, Feb 11th, 2020 by Saurenergy Adani Transmission has announced that the Qatar Investment Authority has completed the acquisition of a 25.10 percent stake in AEML Adani Transmission Limited (ATL) has announced that Qatar Investment Authority (QIA) has completed the acquisition of a 25.10 percent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholders subordinated […] Read more
Iberdrola Contracts Siemens Gamesa for its 63 MW Wind Complex in Spain Updated On Tue, Feb 11th, 2020 by Saurenergy Iberdrola will build its next wind farm in Spain, 63 MW Herrera Complex, with the most powerful onshore wind turbines from Siemens Gamesa Iberdrola has announced that it will build its next wind farm in Spain, the Herrera Complex, with the most powerful onshore wind turbine, after awarding Siemens Gamesa the contract to supply the […] Read more
Inox Wind Reports Rs 27.47 Crore Losses in December 2019 Quarter Updated On Mon, Feb 10th, 2020 by Saurenergy Inox Wind recently issued its financial results for the quarter ended December 2019, with the firm reporting a consolidated net loss of Rs 27.47 crore. Wind energy solutions provider Inox Wind recently issued its financial results for the quarter ended December 2019, in which the firm has reported a consolidated net loss of Rs 27.47 crore. […] Read more
Why India’s Thermal Woes Cast A Shadow Over Renewable Plans Updated On Fri, Feb 7th, 2020 by Saurenergy It’s all about the money. The money needed to clean up discoms, and soon, the money needed to clean up the mess in India’s thermal energy sector. By now, it is well known that one of the biggest impediments to India’s ambitious renewable energy goals is the state of its state distribution firms. Or discoms, […] Read more
Update: Avaada Energy appeal Against CERC Order At APTEL Updated On Fri, Feb 7th, 2020 by Saurenergy On January 20, we had carried a story on the CERC (Central electricity Regulatory Commission) refusing to provide any relief to Avaada Energy in its petition against SECI (Solar Energy Corporation of India), for its project in Maharashtra. In an update to the same, Avaada Energy has informed us that they had obtained a stay […] Read more
Land, Policies & Payment Delays a few Issues RE Developers Face in India Updated On Fri, Feb 7th, 2020 by Saurenergy Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […] Read more
