Can India become self-reliant in solar equipment, especially modules and cells, in 5 years? Updated On Mon, Jun 29th, 2020 by Saurenergy During the current scenario where a wave of ‘AatmaNirbhar’ and ‘Vocal for Local’ is gaining traction amid global economic turmoil on the back of coronavirus pandemic, there is also a need to check that how far we have reached till now, what will be the challenges and how far will be the road ahead in […] Read more
EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria Updated On Mon, Jun 29th, 2020 by Saurenergy EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
Trump Administration Lags Obama Record for RE Approvals: CAP Updated On Thu, Jun 25th, 2020 by Saurenergy A new analysis has revealed that the Trump Administration has approved about half as many wind and solar energy projects as the Obama administration had at the same point. A new analysis by the Center for American Progress (CAP) has revealed that the Interior Department of the Trump Administration has approved about half as many wind […] Read more
Sterling And Wilson Solar Results Updated On Wed, Jun 24th, 2020 by Saurenergy Continuing its somewhat strange relationship with the capital markets, Sterling and Wilson Solar finally released its March quarter results, and full year consolidated results, late yesterday night. The auditors apparently delivered signed copies of the books only by 11:24 p.m, as per the firm’s release to the BSE. Preceded by an over 4 hour board […] Read more
Siemens Gamesa Bags 1.4 GW Offshore Wind Project Order for its 14 MW Platform Updated On Tue, Jun 23rd, 2020 by Saurenergy Siemens Gamesa has conditionally received an order for 100 units of its new SG 14-222 DD offshore wind turbines for innogy’s 1.4 GW Sofia Offshore Wind Farm Siemens Gamesa Renewable Energy has conditionally received an order for 100 units of its new SG 14-222 DD offshore wind turbines for innogy’s 1.4 GW Sofia Offshore Wind […] Read more
NTPC Tenders for Rooftop Solar Plants at Barauni TPP in Bihar Updated On Tue, Jun 23rd, 2020 by Saurenergy NTPC Ltd has issued a tender for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant (TPP) in the state of Bihar. NTPC Ltd has issued a tender, inviting bids from eligible bidders for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant […] Read more
Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more