Promoters Help Sterling and Wilson Solar pay Rs 1000 cr in Outstanding Loans Updated On Mon, Jan 6th, 2020 by Saurenergy Sterling and Wilson Solar has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of its outstanding loans. Sterling and Wilson Solar, the solar engineering and construction subsidiary of Shapoorji Pallonji Group, has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of […] Read more
Govt Okays 2,636 New EV Charging Stations Under FAME India Phase-II: Javadekar Updated On Sat, Jan 4th, 2020 by Saurenergy With an aim to provide further fillip to e-mobility in the country, government has approved 2,636 new electric vehicles (EVs) charging stations in 62 cities across 24 states and union territories under the phase-II of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar said. Out […] Read more
MNRE Drafts Scheme for Round-the-Clock Supply of Renewable Power Updated On Fri, Jan 3rd, 2020 by Saurenergy MNRE has issued a new draft policy for the supply of round-the-clock power from renewable energy projects, complemented with thermal power projects to Discoms The Ministry of New and Renewable Energy (MNRE) has issued a new draft policy for the supply of round-the-clock (RTC) power from renewable energy (solar, wind or small hydro) power projects. […] Read more
TERI Develops Blockchain-Enabled Prototype for Solar Power Trading Updated On Thu, Jan 2nd, 2020 by Saurenergy TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […] Read more
MNRE Clarifies on Implementation of PM-KUSUM Scheme Updated On Wed, Jan 1st, 2020 by Saurenergy After clarification sought by the implementing agencies on certain issues, the Ministry of New and Renewable Energy (MNRE) has issued a clarification on the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. As per the MNRE notification, the distribution companies (Discoms) can, if they desire so, pass on the Procurement Based […] Read more
Maharashtra Issues Rooftop Solar Net Metering Regulations Updated On Tue, Dec 31st, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission has issued new regulations for the net metering for rooftop solar systems in the state. The Maharashtra Electricity Regulatory Commission (MERC) has issued new regulations for the net metering for rooftop solar systems in the state. The regulations will be implemented once it is published in the official gazette. The […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
Renewable Energy Certificates Sales Down 10% in December Updated On Mon, Dec 30th, 2019 by Saurenergy Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […] Read more
SECI Invites EoI for Buying & Blending Power with Renewable Energy Updated On Fri, Dec 27th, 2019 by Saurenergy The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm. With an aim to blend power generated from various sources with renewable energy (RE), state-owned Solar Energy Corporation of India Ltd (SECI) has invited Expression of Interest (EOI) from various power generators. As per the SECI […] Read more
