BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition Updated On Wed, Nov 13th, 2019 by Saurenergy Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […] Read more
SECI Schedules Meeting With Prospective Bidders for 1200 MW RE Tender Updated On Wed, Nov 13th, 2019 by Saurenergy SECI will conduct a technical meeting with prospective bidders for its tender for setting up of 1200 MW RE projects with assured 6-hour peak power supply. The Solar Energy Corporation of India (SECI) has notified that it will conduct a technical meeting/ session with prospective bidders for its tender for setting up of 1200 MW […] Read more
MNRE Issues Guidelines for Executing Component-C of KUSUM Scheme Updated On Wed, Nov 13th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore PM Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) scheme. The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore Pradhan Mantri-Kisan Urja Suraksha evam Uthan Mahabhiyan (PM-KUSUM) scheme. […] Read more
Tata Power to Develop 50 MW Solar Energy Plant at Dholera Updated On Wed, Nov 13th, 2019 by Saurenergy Tata Power Renewable Energy has received an LoA from GUVNL to develop a 50 MW solar energy project in Dholera Solar Park in Gujarat. Tata Power, India’s largest integrated power company, has announced that its wholly owned subsidiary Tata Power Renewable Energy Limited (TPREL) has received a Letter of Award (LoA) from Gujarat Urja Vikas […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
Bye Bye Rooftop Solar? R.K. Singh’s latest 200GW target Has No Mention of Rooftop Contribution Updated On Wed, Nov 13th, 2019 by Saurenergy India’s Minister of State(I/c) for Power and New & Renewable Energy RK Singh was at the BRICS Energy Ministers meet at Brasilia on Monday, where he informed attending ministers that India will install more than 200 thousand MW of Renewable Energy capacity by 2022. He also said that India’s Energy mix will comprise about 55 […] Read more
Distributed Energy Launches Platform to Connect RE Projects with Investors; Raises Rs 10 Cr Updated On Mon, Nov 11th, 2019 by Saurenergy The platform has already delivered 5 MW of energy to many companies in Southern India and Rwanda, it added. Distributed Energy, a renewable energy aggregator with a focus on the Indian market, on Monday has launched one of its kind unique platform for connecting credible renewable energy projects with investors. The company, which was co-founded by Mathew […] Read more
As California Looks To Fill Power Gap by 2022, RE’s Eye Opportunity Updated On Mon, Nov 11th, 2019 by Saurenergy For Countries like India, which are still hamstrung by capital, costs or a thermal legacy in their push to adopt renewables as fast they should, the state of California continues to provide an ongoing lesson . Be it mandating a target to decarbonise its energy sector by 2050, or the selective subsidies on both solar […] Read more