Too Early to Assess Impact of COVID-19 on European Wind Sector – WindEurope Updated On Mon, Mar 23rd, 2020 by Saurenergy WindEurope believes the outbreak of COVID-19 still at a relatively early stage in Europe, and it is too soon to judge its impact on the wind energy sector WindEurope, formerly the European Wind Energy Association, an association based in Brussels for promoting the use of wind power in Europe, has stated that with the outbreak […] Read more
Siemens Gamesa Calls off Annual Shareholder Meeting due to COVID-19 Updated On Fri, Mar 20th, 2020 by Saurenergy Siemens Gamesa has announced that it has decided to call off the General Shareholder’s Meeting, due to the outbreak of coronavirus (COVID-19). Siemens Gamesa Renewable Energy (SGRE) has announced that in its latest meeting, the Board of Directors of the Company has decided to call off the General Shareholder’s Meeting, which was scheduled to be […] Read more
GERC Cautioned for Delaying Open Access Regulations by APTEL Updated On Fri, Mar 6th, 2020 by Saurenergy The Indian Captive Power Producer’s Association, which had filed a complaint at APTEL (Appelate Tribunal for Electricity) against the stat regulator in Gujarat, earned a moral victory with the APTEL bench agreeing with them. Their key contention? That the Gujarat power regulator or Gujarat Electricity Regulatory Commission (GERC) had been amiss in its failure […] Read more
India Imported Solar Equipment Worth $1.18 Bn From China Between April-December Updated On Fri, Mar 6th, 2020 by Saurenergy India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months of the current financial year RK Singh has informed. India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months — between April and December — of the current financial year (2019-20), union minister of new and renewable energy RK Singh has […] Read more
Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings Updated On Fri, Mar 6th, 2020 by Saurenergy India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […] Read more
No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh Updated On Wed, Mar 4th, 2020 by Saurenergy India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA Updated On Tue, Feb 25th, 2020 by Saurenergy ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more