Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
ArcVera Renewables Forays into Indian Renewable Energy Segment Updated On Wed, Sep 30th, 2020 by Saurenergy ArcVera Renewables, an international provider of consulting and technical services for wind, solar and hybrid energy storage projects, has announced its entry into the fast-growing Indian renewable energy market. The firm has set up its first office in India in Bangalore. The company stated that it has assembled a team of international experts to deliver […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
UL Receives Accreditation to Test RE Plants in India per CEA Grid Codes Updated On Wed, Sep 16th, 2020 by Saurenergy UL has received accreditation from DAkkS that enables it to test renewable energy (RE) power plants per CEA of India grid codes. UL, a global safety science company, has announced that it has received accreditation from Deutsche Akkreditierungsstelle GmbH (DAkkS) that enables it to test renewable energy (RE) power plants per Central Electricity Authority (CEA) […] Read more
Gujarat Govt Revises Policy for Wasteland Allocation for RE Parks Updated On Tue, Sep 15th, 2020 by Saurenergy The state government of Gujarat has revised its policy for allocating wasteland for renewable energy i.e. wind, solar and hybrid (wind and solar) power parks. According to the new provisions, the renewable project/ park developer(s) will have a period of 3 years from the date of handing over of the sites to build a minimum […] Read more
Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Stakeholders Discuss Opportunities and Advantages Rajasthan has in RE Sector Updated On Thu, Sep 3rd, 2020 by Saurenergy At a recent webinar hosted by FICCI, stakeholders discussed the advantages and opportunities that the state of Rajasthan has in the RE sector. Rajasthan is home to most of the conventional and non-conventional sources of energy generation. At a recent webinar on ‘Domestic Manufacturing in the Energy Sector’ hosted by the Federation of Indian Chambers of […] Read more
Amp Energy India Appoints Surendra Gupta as Director and CFO Updated On Wed, Sep 2nd, 2020 by Saurenergy Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […] Read more
