Solar Industry Seeks Manufacturing Incentives in New Budget Updated On Mon, Jul 1st, 2019 by Saurenergy AISIA in its pre-budget recommendations has called for the inclusion of incentives such as subsidies for power, capital, etc in the new budget. The All India Solar Industries Association (AISIA) in its pre-budget recommendations has called for the ministry of finance to include incentives such as subsidies for power, capital, financial support in interest and […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
Vestas Surpasses 2 GW Mark in Brazil for 4.2 MW Turbines Updated On Sat, Jun 29th, 2019 by Saurenergy Vestas has announced that with new order for 197 MW of wind turbines, it has surpassed the 2 GW mark of order intake for its V150-4.2 MW turbine in Brazil. Danish wind energy major Vestas has announced that with new order for 197 MW of wind turbines, the company has surpassed the milestone of 2 […] Read more
Payment Security Mechanism for Power Purchase by DISCOMs Approved Updated On Fri, Jun 28th, 2019 by Saurenergy RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […] Read more
Win at WTO against US solar Tariffs Unlikely to Help India Much Updated On Fri, Jun 28th, 2019 by Saurenergy India’s complaint against the US, and specifically against 8 US states that added tariffs on renewable sector imports from the country has found support at the WTO, with the global trade body’s dispute panel supporting the Indian stand. Made public yesterday, the ruling, even as it pronounced the US ‘guilty’ of unfair trade practices in […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more
Vestas Receives 58 MW Repowering Order with Auction win in Denmark Updated On Fri, Jun 28th, 2019 by Saurenergy Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. The order is placed by […] Read more
Global Offshore Wind Sector has Potential to Grow to 200 GW by 2030 Updated On Fri, Jun 28th, 2019 by Saurenergy A new report has predicted that the global offshore wind sector could expand to over 200 GW by 2030 if it lives up to its potential. A new report ‘Global Offshore Wind Report’, by the Global Wind Energy Council (GWEC) has predicted that the global offshore wind sector could expand to over 200 GW by 2030 […] Read more
SECI Confirms Annulment of 3 GW Manufacturing Linked Solar Tender Updated On Fri, Jun 28th, 2019 by Saurenergy SECI has announced the annulment of its tender for the selection of solar power developers for setting up of 3 GW manufacturing linked solar tender The Solar Energy Corporation of India (SECI) has announced the annulment of its tender for the selection of solar power developers for setting up of 3 GW ISTS-connected solar PV […] Read more
