Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar Installations Updated On Fri, Jul 19th, 2019 by Saurenergy MNRE has issued the latest benchmark costs for installation of new grid-tied rooftop solar plants for the financial year. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for installation of new grid-tied rooftop solar PV plants for the present financial year. As per the notification, projects […] Read more
Georgia Power Gets Approval for 2260 MW RE Projects Updated On Fri, Jul 19th, 2019 by Saurenergy Georgia Power 2019 IRP includes energy storage projects, 2,260 MW more renewable generation by 2024, and approval of its environmental compliance strategy Georgia Power 2019 Integrated Resource Plan (IRP), which was unanimously approved by the Georgia Public Service Commission (PSC), includes energy storage projects, 72 percent (2,260 MW) more renewable (solar, wind and biomass) generation […] Read more
Transmission Needs Rs 5 Lakh Cr Investment to Meet $5 Trn Economy’s Energy Needs Updated On Thu, Jul 18th, 2019 by Saurenergy According to the estimates, India will be consuming 1.8 trillion units by 2025 as the country’s growth trajectory accelerates, and this requires large investments in the transmission sector, particularly at the state level. In order to fulfill the Prime Minister Modi’s vision of a USD 5 trillion economy over the next few years, it will […] Read more
CAG Calls out West Bengal for Failing to Create Green Energy Fund Updated On Thu, Jul 18th, 2019 by Saurenergy West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report. The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […] Read more
RK Singh Okays Transmission Schemes Proposal for 66.5 GW RE Projects Updated On Thu, Jul 18th, 2019 by Saurenergy Prior requirement of LTA applications and associated bank guarantees, to be deferred for the interim period till the RE project is awarded to the successful bidder. In a bid to provide a significant boost to the country’s renewable energy sector, Power Minister RK Singh has approved the CERC’s (Central Electricity Regulatory Commission) proposal for early […] Read more
SECI Extends Deadline for 2 MW PV Projects at J&K Army Posts Updated On Thu, Jul 18th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for the selection of SPDs for setting up of 2 MW PV projects at army posts in Jammu and Kashmir The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the selection of solar power developers for setting […] Read more
Azure Power Appoints new CEO and President Updated On Thu, Jul 18th, 2019 by Saurenergy Azure Power has announced the appointment of Ranjit Gupta as CEO and a member of the Board, and Murali Subramanian as president. Azure Power, one of the leading solar power producers in India has announced the appointment of Ranjit Gupta as chief executive officer (CEO) and a member of the Board, and Murali Subramanian as […] Read more
In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
