Electricity Act Amendments The Big Bang Reforms Solar Sector Needs Updated On Mon, Apr 20th, 2020 by Saurenergy The amendments proposed in the draft Electricity Act (Amendment) Bill 2020 by the power ministry could be the big bang reforms the power sector, and by extension, the renewable energy sector in India, has been waiting for. If these go through without major changes, then some of the biggest roadblocks holding back the proper growth and […] Read more
Decoding The healthy Response to NHPC 2000 MW Solar Tender Updated On Mon, Apr 20th, 2020 by Saurenergy On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […] Read more
Draft Electricity Act (Amendment) Out. Renewables in Focus Updated On Mon, Apr 20th, 2020 by Saurenergy True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
Solar PV Corporate Funding Expected to Take a hit Updated On Mon, Apr 20th, 2020 by Saurenergy Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […] Read more
The Next Big Push. MNRE Unveils Moves to Push Manufacturing Updated On Sat, Apr 18th, 2020 by Saurenergy The Renewable energy sector, where private sector involvement has been considered critical to its growth and building further capacities, has got a new push, as far as manufacturing in India goes. This comes on the heels of the many efforts made last year to provide support for domestic manufacturing, fro the DCR (domestic content requirements) […] Read more
Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
Five Winners in NHPC’s 2 GW Solar Power Projects Tender Updated On Fri, Apr 17th, 2020 by Saurenergy Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […] Read more
106,000 Clean Energy Jobs Lost in March Due to COVID-19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy More than 106,000 clean energy workers lost their jobs in the month of March, and more clean energy job losses are projected in the coming months. More than 106,000 clean energy workers lost their jobs in the month of March, and hundreds of thousands more clean energy job losses are projected in the coming months. […] Read more
