Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report Updated On Fri, Oct 9th, 2020 by Saurenergy India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […] Read more
NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] Read more
Over 90% Families Have Electricity Meters, Billed Regularly: CEEW Updated On Thu, Oct 8th, 2020 by Saurenergy As many as 93 percent of families have metered electricity connections and 91 percent of households are billed regularly for power consumption, as per CEEW. As many as 93 percent of families have metered electricity connections and 91 percent of households are billed regularly for power consumption, as per two independent studies released by the CEEW. The studies are based on findings from India Residential […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
Novus Green Bags EPC Contract for 15 MW Floating Solar Plant at SCCL Updated On Thu, Oct 8th, 2020 by Saurenergy Novus Green has announced that it has been awarded the EPC contract for a 15 MW (19.5 MW DC) floating solar power plant from SCCL. Novus Green has announced that it has been awarded the Engineering, Procurement and Construction (EPC) contract for a 15 MW (19.5 MW DC) floating solar power plant from Singareni Collieries […] Read more
MNRE Amends Bidding Guidelines for Procuring Power From Solar Projects Updated On Thu, Oct 8th, 2020 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based bidding process for the procurement of power from grid-tied solar projects. The Ministry of New and Renewable Energy (MNRE), in a gazette notification, has issued amendments to the guidelines for ‘Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power […] Read more
RenewSys Expands Manufacturing Capacity at Facility in Bengaluru Updated On Wed, Oct 7th, 2020 by Saurenergy RenewSys India has increased the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW and Backsheet capacity to 4 GW. RenewSys India has announced an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 1.65 GW). Similarly, the Backsheet capacity is being expanded […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
Committed to Advanced Technology and Replace Coal-Fired Plants: RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy RK Singh has said that India is strongly committed to its renewable energy targets and that it is working towards advancing the technology that is adopted Union Minister for Power and New & Renewable Energy RK Singh has affirmed that India is strongly committed to its renewable energy targets and that it is constantly working […] Read more