Canadian Solar Inks 2 PPAs for 274 MW PV Projects in Brazil Updated On Tue, Jun 23rd, 2020 by Saurenergy Canadian Solar, a leading solar photovoltaic (PV) module manufacturer, has recently entered into two private power purchase agreements (PPA) with Braskem S.A. and COPEL Energia for an aggregate 274 MW of capacity of solar power projects in Brazil. Braskem is a Brazilian petrochemical company and is the largest producer of thermoplastic resins in the Americas. It […] Read more
Bengal Chief Minister Joins Building Chorus Against Electricity Act Amendments Updated On Mon, Jun 15th, 2020 by Saurenergy The Electricity Act Amendment Bill (2020), slated for a possible introduction in the coming session of parliament, faced a predictable salvo yesterday. West Bengal Chief Minister Mamta Banejee termed its provisions ‘anti- federal’ and even ‘inhuman’ to be brought up at a time when the pandemic is raging. In a strongly-worded letter to Prime Minister […] Read more
IESA Proposes to Have Policy Framework for Energy Storage in Electricity Act Updated On Wed, Jun 10th, 2020 by Saurenergy IESA has submitted its recommendations on the proposed Draft Electricity (Amendment) Bill, 2020, proposing a policy framework for energy storage in the bill India Energy Storage Alliance (IESA), India’s leading alliance working in the space of energy storage, electric vehicle, renewable integration & microgrids has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, […] Read more
Diagnostics – An Effective Approach for Solar industry Updated On Tue, Jun 2nd, 2020 by Saurenergy Diagnostics of a solar power plant can be an important tool to evaluate the “health” of a solar plant and identify measures to improve generation and optimize O&M. A typical diagnostics study would entail complete power flow mapping of a solar plant by measuring module degradation and damages, O&M efficacy, inverter efficiency, breakdown and plant […] Read more
PM Emphasizes on Financial Sustainability of Power Sector, Make in India Updated On Thu, May 28th, 2020 by Saurenergy Prime Minister Narendra Modi emphasized the need for improving the financial sustainability of the power sector in order to solve the issues prevailing in the sector especially the power distribution sector. He said during a detailed review meeting held on Thursday evening on the power sector with the Ministry of Power (MoP) and the Ministry […] Read more
EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Government First. Record Drop in Global Fuel Prices leads to Record Tax Hikes in India Updated On Wed, May 6th, 2020 by Saurenergy Sticking to a well worn script by now, of not allowing retail fuel prices to go below a loosely defined floor, the government of India yesterday hiked excise duty on the motor fuels by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel. This is expected to help mop […] Read more
Ensure Smooth O&M of ISTS Network During Nationwide Lockdown Updated On Fri, Apr 24th, 2020 by Saurenergy The moP has said that states must ensure smooth O&M of ISTS network and that construction work is allowed for transmission utilities during the lockdown The Ministry of Power (MoP), in view of the extension in the nation-wide lockdown until May 3, 2020, has asked that States/ UTs/ DMs, etc must ensure that there is […] Read more