CERC Offers Relief to Welspun Energy in a Case with SECI Updated On Thu, Dec 20th, 2018 by Saurenergy WEPL had petitioned for an extension for the commercial operating date for 72 MW of grid-connected solar photovoltaic projects. In a relief to Welspun Energy Private Limited (WEPL), Central Electricity Regulatory Commission (CERC) has issued an order stating that land procurement delay on government’s part will be treated as Force Majeure (unavoidable circumstance). WEPL had […] Read more
Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
Shell Acquires 49% Stake in Cleantech Solar Updated On Wed, Dec 19th, 2018 by Saurenergy This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia. Cleantech Solar, a leading developer of commercial solar energy systems in Southeast Asia and India has announced that Shell has signed an agreement to acquire a 49% stake in […] Read more
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
Centre Scraps 12 GW Solar Capacity Addition to be Taken up by NTPC Updated On Thu, Dec 13th, 2018 by Saurenergy Earlier government had planned to add 15 GW of solar energy capacity in the country which was to be developed by NTPC to be delivered to states bundled with thermal energy. The central government has quashed a plan to install 12 GW of solar capacity out of the 15 GW capacity that National Thermal Power […] Read more
Volvo Researches on E-Bus Batteries Used to Store Solar Energy Updated On Thu, Dec 6th, 2018 by Saurenergy Volvo Buses is taking part in a research project whereby used electric bus batteries get a second lease of life as solar energy storage units. The inauguration of what is probably Europe’s first ever energy warehouse using electric bus batteries is currently under way. The batteries from electric bus in Gothenburg and Sweden, are getting a […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Haryana Government Offers Subsidy of Rs 15,000 on Solar Home Projects Updated On Fri, Nov 30th, 2018 by Saurenergy This is done with a view to promote renewable energy in the state and achieving the solar energy target set under the national solar mission. Residents of Haryana are set to get a state subsidy of Rs 15,000 for installing Solar Home System under the ‘Manohar Jyoti Yojana’. The New and Renewable Energy Department has […] Read more
Uttar Pradesh to Soon Start Installing Smart Meters Updated On Fri, Nov 30th, 2018 by Saurenergy To be installed later in a phased manner, UPPCL had filed a petition seeking the approval of the regulatory commission for the installation of smart meters. Soon four million residents of Uttar Pradesh will get high tech smart meter, as the Uttar Pradesh Electricity Regulatory Commission has cleared Uttar Pradesh Power Corporation Ltd’s petition regarding […] Read more
