Unplanned Solar Plant Repairs Worth $16 bn by 2024 Updated On Wed, Oct 9th, 2019 by Saurenergy Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […] Read more
Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List Updated On Wed, Oct 9th, 2019 by Saurenergy According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […] Read more
IREDA Gets Approval for IPO. Will it be Second Time Lucky? Updated On Wed, Oct 9th, 2019 by Saurenergy The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The final regulatory approval clears the way to the much awaited initial public offering (IPO) for the state owned firm. While the firm had last targeted […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Delhi Discoms Penalised for Defaulting on RPOs Updated On Wed, Oct 9th, 2019 by Saurenergy DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […] Read more
There has Been Significant Uptick in Demand for Solar Products: Jatin Patel Updated On Mon, Oct 7th, 2019 by Saurenergy I believe that there has been a significant increase in demand for solar energy products. Particularly due to the increasing awareness of the benefits of solar-powered products, affordability and abundance of solar companies in India. The introduction of refined government policies has left a fundamental impact on India’s solar market, by increasing the affordability and […] Read more
Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead Updated On Thu, Oct 3rd, 2019 by Saurenergy With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […] Read more
Andhra Pradesh Tenders for 350 Electric Buses Updated On Thu, Oct 3rd, 2019 by Saurenergy Andhra Pradesh has tendered for the procurement of 350 electric buses under the second phase of FAME India scheme. The Andhra Pradesh State Road Transport Corporation (APSRTC) has floated a tender, inviting bids from eligible vendors for the procurement of 350 air-conditioned electric buses under the second phase of Faster Adoption and Manufacturing of Electric […] Read more
AfDB Grants Loan for 18 MW Solar Plus Storage Project in Chad Updated On Thu, Oct 3rd, 2019 by Saurenergy AfDB has approved a loan of 18 million euros for the establishment of the solar plus storage facility of Djermaya in Chad. The African Development Bank (AfDB) has approved a loan of 18 million euros and a Partial Risk Guarantee (GPR), for the establishment of the solar power station of Djermaya in Chad. Storage The […] Read more