MNRE Appoints IREDA to Handle its CPSU Scheme – II Updated On Tue, Apr 14th, 2020 by Saurenergy MNRE has announced the appointment of IREDA as the implementing agency for the ministry’s Central Public Sector Undertaking (CPSU) Scheme Phase-II. The Ministry of New and Renewable Energy (MNRE) has announced the appointment of the Indian Renewable Energy Development Agency (IREDA) as the implementing agency for the ministry’s Central Public Sector Undertaking (CPSU) Scheme Phase-II. […] Read more
JinkoSolar Announces Favourable Developments in Patent Litigation Updated On Tue, Apr 14th, 2020 by Saurenergy JinkoSolar has announced two separate, significant developments in its defence against patent litigation initiated by Hanwha Q CELLS. JinkoSolar, one of the largest solar module manufacturers in the world has announced two separate, significant developments in its defence against patent litigation initiated by Hanwha Q CELLS. In March 2019, Hanwha initiated the US International Trade […] Read more
Sharp Increase in Renewable Investments Post COVID-19: Iberdrola CEO Updated On Tue, Apr 7th, 2020 by Saurenergy Iberdrola CEO Ignacio Galán has announced that the firm will speed up its renewable investments as soon as it is deemed safe to do so. Iberdrola CEO Ignacio Galán, while addressing the firms’ 600,000 shareholders in the recently held fully remote Annual General Meeting, has announced that in view of the current situation with the […] Read more
Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP Updated On Sat, Apr 4th, 2020 by Saurenergy Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […] Read more
Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27 Updated On Tue, Mar 31st, 2020 by Saurenergy The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19 Updated On Tue, Mar 31st, 2020 by Saurenergy PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
From 7 Paise Per KwH To Ownership. On SECI’s Future Plans Updated On Sun, Mar 29th, 2020 by Saurenergy Solar Energy Corporation of India (SECI) CMD, Mr J S Swain, has been quoted in a recent interview to the Economic Times as saying that SECI plans to move to become a developer itself, with a first target of setting up 5000 MW of Solar-Wind hybrid projects in the coming decade. That announcement is a […] Read more
CERC Sticks to the Script in Judgement on Hero Solar Petition Updated On Thu, Mar 26th, 2020 by Saurenergy The Central Electricity Regulatory Commission, (CERC), in an order dated March 26 has maintained a line that has now become the de facto rule for all issues related to the introduction of GST and its impact on projects awarded beforehand. In this case, the petitioner was Hero Solar Energy Private Limited, which had won bids for […] Read more
