DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears Updated On Fri, Apr 29th, 2022 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […] Read more
IEEFA: Widespread adoption of carbon capture, utilization and storage technologies in South East Asia remains highly unlikely Updated On Thu, Apr 28th, 2022 by Saurenergy Carbon, capture, utilization and storage (CCUS) is increasingly attracting attention in South East Asia. However, in the absence of the right drivers, its prospect in the region remains questionable, according to IEEFA’s latest report on CCUS in South East Asia. “CCUS can be viable when placed under a certain operational context, such as a high […] Read more
Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders Updated On Mon, Apr 4th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […] Read more
Low demand for grid-connected rooftop solar systems in Kerala Updated On Fri, Apr 1st, 2022 by Saurenergy Kerala, the most literate state in the country with a high proportion of urban, independent housing, is failing the rooftop solar test. Grid-connected rooftop solar power systems, one of the key projects identified to meet the state’s solar target, is failing to attract many users. This, even as the state discovered fairly competitive prices for […] Read more
In Conversation with Vineet Mittal, Director & Co-founder, Navitas Solar Updated On Wed, Mar 23rd, 2022 by Saurenergy Navitas Solar has been a well respected player in the solar sector with 200 MW of installed manufacturing capacity in the country. It produces state-of-the-art mono/multi crystalline solar photovoltaic (PV) modules for supply to both on-grid and off-grid residential, commercial as well as industrial establishments. The Surat-based company also provides a complete lifecycle of solar […] Read more
Solar mfg generating 30,000 jobs, govt. tells Parliament Updated On Thu, Mar 17th, 2022 by Saurenergy The Minister of State for New and Renewable Energy (MNRE) Bhagwanth Khuba has told Parliament that the solar manufacturing industry is providing 29,900 new jobs every year. The employment generated is based on the installed capacity as the Minister informed the Rajya Sabha. Also, Power Minister RK Singh said that India has achieved 40 per […] Read more
Tamil Nadu to Add 20,000MW Solar Power by 2030 Updated On Mon, Mar 14th, 2022 by Saurenergy The Tamil Nadu Generation and Distribution Corporation (Tangedco) plans to spend about Rs 70,000 crore across Tamil Nadu to install 20,000 megawatt (MW) capacity of solar power plants by 2030. The DISCOM has come out with a tender inviting consultants for the project. A solar plant with a capacity of 1,000MW will be built by […] Read more
