WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
Vikram Solar Wins 300 MW Solar Project from NTPC Updated On Wed, Apr 15th, 2020 by Saurenergy Vikram Solar, country’s one of the leading module manufacturers and an EPC & rooftop solar solutions provider, has bagged a 300 MW solar project from National Thermal Power Corporation Limited (NTPC) under CPSU-II scheme. Kolkata-headquartered Vikram Solar has won this solar photovoltaic (PV) project under the reverse bidding auction at a price of Rs 1,750 […] Read more
Fresh Covid Guidelines: RE Projects Allowed From April 20 Updated On Wed, Apr 15th, 2020 by Saurenergy The renewable energy industry, especially utility-scale solar and wind energy projects, received a small relief, in the form of permission to restart construction work on ongoing projects, as well as fresh projects possibly, from April 20 onwards. In an order dated April 15, signed by the Union Home Secretary, the order laid down the new […] Read more
Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
Renault Sets Sights at Electric Vehicless Future in China Updated On Wed, Apr 15th, 2020 by Saurenergy Renault has unveiled its new strategy for China, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). French automobile major Groupe Renault has unveiled its new strategy for China, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold […] Read more
Under Implementation Projects Impacted Most by COVID-19: Report Updated On Wed, Apr 15th, 2020 by Saurenergy Under implementation solar projects have suffered the biggest impact of the COVID-19 pandemic as solar cells and modules are largely imported from China Under implementation solar projects have suffered the biggest impact of the COVID-19 pandemic as solar cells and modules are largely imported from China wherein there was lockdown since December 2019, according to […] Read more
MNRE to Promote Local Manufacturing, Export Hubs for RE: Anand Kumar Updated On Wed, Apr 15th, 2020 by Saurenergy MNRE is planning to identify suitable land sites for RE manufacturing and export services hubs in the country to offset the impact of the COVID-19 The Ministry of New and Renewable Energy (MNRE) has asked state and port authorities to identify suitable land sites for renewable energy (RE) manufacturing and export services hubs in the country to offset the […] Read more
Amplus Offers Helping Hand to Local Community amid Lockdown Updated On Tue, Apr 14th, 2020 by Saurenergy Amidst lockdown across the country to contain the spread of coronavirus, Gurugram-headquartered Amplus Solar is supporting the local community of Gurudev Nagar village in Mirzapur district, which is in the vicinity of UP’s first open-access solar park of 75 MWp owned by it. The company, which is a 100 percent subsidiary of Petronas Holdings, Malaysia, […] Read more
MNRE Cuts Tariff Ceiling by 70 Paise under CPSU Ph-II Solar Scheme Updated On Tue, Apr 14th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has reduced the tariff ceiling by 70 paise to Rs 2.8 per unit from Rs 3.5 per unit earlier under the phase-II of the Central Public Sector Undertaking (CPSU) programme for developing 12 GW of capacity solar projects. Also, the government has increased the time period for the implementation […] Read more
