Europe Goes All-in on Hydrogen for the Transport Economy: Rethink Updated On Tue, Sep 29th, 2020 by Saurenergy Europe has a clear and credible plan to become the center of the global hydrogen industry as its governments collectively finance the work needed to become the world’s first hydrogen economy. The end result will be 17 million fuel cell powered vehicles across Europe by 2040 – from under a thousand at present. COVID-19 recovery […] Read more
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
NTPC Gets Shareholders’ Nod to Raise Rs 15000 Cr via Bonds Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. The funds are proposed to be raised on a […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] 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
Old King Coal is Dead – Long Live The King Updated On Sat, Sep 26th, 2020 by Saurenergy Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […] Read more
“Esdec Is Still An Installer Focused Company”, Stijn Vos, CEO Updated On Sat, Sep 26th, 2020 by Saurenergy Ever since it was started in 2004 by two installers, the Netherlands based Esdec has carved a unique niche for itself, focusing on the rooftop solar segment with their mounting systems. The firm has been in the news earlier last year for its acquisition led strategy, especially in the US market. With a focus on […] Read more
CERC Shutdown. Next Hearing Set for Oct 26 As SC Refuses To Relent Updated On Sat, Sep 26th, 2020 by Saurenergy There has been no resolution on the CERC issue. At the hearing yesterday, where Additional Solicitor General Madhvi Divan represented the government, the court declined to consider the plea to allow functioning of the tribunal with the existing members, as they had ‘specific roles’, according to the government view. Readers will know that the Central […] Read more
