Ministry of Power Launches Scheme for Procurement of Aggregate Power of 4500 MW Updated On Mon, Nov 28th, 2022 by Saurenergy The Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of Shakti policy. PFC Consulting Limited (a wholly owned subsidiary of PFC Ltd) has been designated as the nodal agency by the Ministry […] Read more
Free Solar Power Plant for 800 Houses in Kerala by KSEB Updated On Mon, Nov 28th, 2022 by Saurenergy In an announcement that might set a precedent for other Indian states to follow, the Kerala State Electricity Board (KSEB) will install rooftop solar power plants for 800 homes in Kerala. The breakup of this number will compose of 500 homes for the homeless as per the Life Mission Scheme. The remaining 300 will be […] Read more
Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK Updated On Mon, Nov 28th, 2022 by Saurenergy Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […] Read more
Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
Australia’s Biggest Wind Project to Double in Size for First 2 GW Cluster Updated On Mon, Nov 28th, 2022 by Saurenergy Australian States have constantly been ramping up efforts in renewable energy, wind energy included. Now, Queensland, dubbed as the ‘Sunshine State’, has recently revealed its aspirations with regards to what the government has termed as one of the largest wind onshore projects globally. This will entail a new 1 GW project by Acciona, a Spanish […] Read more
APTEL Gives Nod for Time Extension to SPD VCarve Solar Among Others In Karnataka Updated On Mon, Nov 28th, 2022 by Saurenergy In a conflict between Vcarve Solar LLP versus Karnataka Electricity Regulatory Commission (KERC), Bangalore Electricity Supply Company Limited (BESS), APTEL has ruled in favour of the solar power developer. The apex regulator had bundled a number of similar petitions in the same judgement. The various solar power developers (SPDs) has challenged multiple orders passed by […] Read more
Solar Is Changing Fast, Here Are 5 Ways It Already Has Updated On Mon, Nov 28th, 2022 by Saurenergy When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […] Read more
JinkoSolar to Supply 522 MW of Modules for Brazil’s Solar Project Updated On Mon, Nov 28th, 2022 by Saurenergy JinkoSolar Holding Co. Ltd., among the largest and most innovative solar module manufacturers in the world, has revealed that its principal operating subsidiary, Jinko Solar Co., Ltd. (“Jiangxi Jinko”) will supply nearly 522 MW of Tiger Neo 78 cell modules for Phase l of the Santa Luzia Complex Project (the “Project”) in Paraíba State, Brazil. […] Read more
CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others Updated On Mon, Nov 28th, 2022 by Saurenergy In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […] Read more
