SECI Issues RfS for 1200MW ISTS-Connected Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project. State-owned Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of developers to set up 1200 MW of ISTS-connected solar photovoltaic (PV) power […] Read more
Renewable Energy Certificates Sales Down 10% in December Updated On Mon, Dec 30th, 2019 by Saurenergy Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […] Read more
The Potholes of 2019 for India’s Solar Drive Updated On Tue, Dec 24th, 2019 by Saurenergy Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
Karnataka Commission Encourages Third Party Investments in Rooftop Solar Updated On Fri, Dec 13th, 2019 by Saurenergy KERC has encouraged third-party investments in the rooftop solar segment in Karnataka in its order regarding the decision on various models and guidelines for rooftop solar plants The Karnataka Electricity Regulatory Commission (KERC) has encouraged third-party investments in the state’s rooftop solar segment in its order regarding the decision on various models and guidelines for […] Read more
Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL Updated On Mon, Dec 9th, 2019 by Saurenergy In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said. Updated On Fri, Nov 29th, 2019 by Saurenergy The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the minister’s continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the […] Read more
