Sales of Renewable Energy Certificates Down 29% in January Updated On Mon, Feb 3rd, 2020 by Saurenergy Sales of Renewable Energy Certificates declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago Sales of Renewable Energy Certificates (REC) declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago due to lower supply, according to […] Read more
Greenko, ReNew Power win SECI’s 1.2 GW Hybrid Plus Storage Tender Updated On Sat, Feb 1st, 2020 by Saurenergy Greenko Group and ReNew Power have won with their bids in SECI’s 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of India’s (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and […] Read more
The Red Tape Challenge. How RE Producers in India Are Squeezed Updated On Fri, Jan 31st, 2020 by Saurenergy While meeting people within and outside the renewables industry, almost everyone agrees that unlike other sectors, a key part of the work, namely, the actual build up of renewable projects, in terms of procurement, transportation and commissioning at site, is probably the easiest part of the job.In fact, the mismatch between the time taken to […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Solar Plants Soon to be Installed in Haryana Colleges Updated On Mon, Jan 27th, 2020 by Saurenergy Installation of solar panels at educational institutions in Haryana will be started soon, deputy CM Dushyant Chautala has informed Installation of solar panels at educational institutions in Haryana will be started soon, said deputy CM Dushyant Chautala while inaugurating a 30 kW solar plant, six new rooms of PG block and new Vigyan Bhawan at […] Read more
India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019 Updated On Fri, Jan 24th, 2020 by Saurenergy Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
Will ADITYA Succeed Where UDAY failed? Updated On Thu, Jan 16th, 2020 by Saurenergy Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […] Read more