Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Despite MERC Relief in Wind Energy Case, Project Execution A Challenge for Hero Wind Updated On Mon, Sep 21st, 2020 by Saurenergy In a case it brought against MSEDCL (Maharashtra State Electricity Distribution Company Limited) at the state power regulator MERC, Hero Wind Energy, through its subsidiary (Clean Wind Power (Bhavnagar) Private Limited) handling the project in question managed to get some relief. But that hardly indicates an end to the problems facing the project. The issue […] Read more
How World Record Low Solar Prices Moved Out of India Updated On Sat, Sep 19th, 2020 by Saurenergy Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […] Read more
Solaria now Files ITC Complaint Against Canadian Solar Updated On Fri, Sep 18th, 2020 by Saurenergy On the heels of its lawsuit filed in March against Canadian Solar in a US District Court, Solaria has now filed additional claims against Canadian Solar with the ITC. On the heels of its lawsuit filed in March against Canadian Solar Inc. (CSIQ) in the US District Court for the Northern District of California, Solaria […] Read more
If RPO’s Are Drivers of Renewable Energy, An Exclusive Exchange for Green Power Is Fuel Updated On Thu, Sep 17th, 2020 by Saurenergy The Green Term Ahead Market (GTAM), launched on the Indian Energy Exchange (IEX) in August, has been touted as a huge step forward for renewable energy generators and buyers. SaurEnergy spoke to Rohit Bajaj, Head, Business Development at IEX on the new development. Q. What is the single biggest impact of GTAM you see on the market? […] Read more
Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more
Cochin Port Trust Tenders for 1.5 MW Floating Solar Projects Updated On Thu, Sep 17th, 2020 by Saurenergy The Cochin Port Trust has issued a tender for 1.5 MW grid-tied floating solar projects at the Backwaters near CoPT’s walkway avenue in Kerala. The Cochin Port Trust (CoPT) has issued a tender, inviting bids from eligible bidders for setting up of 1.5 MW (0.75 MW x 2) grid-tied floating solar projects at the Backwaters […] Read more
Manufacturing Boosted by Low Tariffs Will Help Atmanirbhar Bharat: RK Singh Updated On Wed, Sep 16th, 2020 by Saurenergy RK Singh believes Lower tariffs will boost local manufacturing in the country, which in turn will contribute to achieving the goal of Atmanirbhar Bharat. Union Minister for Power and New and Renewable Energy RK Singh has said that the competitiveness of the Indian solar industry which has seen tariff drops to a record low will […] Read more
CERC Shutdown- Government Plans Review petition With SC? Updated On Wed, Sep 16th, 2020 by Saurenergy The Central Electricity Regulatory Commission, which had effectively been shut down for September following a Supreme Court order, might yet start functioning a little sooner, with the government set to file a review petition, according to reports. We had reported how, since the order on August 28 last month, when the Supreme Court asked the […] Read more
