CCEA Approves Proposal For Setting Up 12 GW Solar Projects Updated On Thu, Feb 7th, 2019 by Saurenergy The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, […] Read more
Government of India has been making concerted efforts for Developing Energy Storage Technologies Updated On Thu, Feb 7th, 2019 by Saurenergy The Government of India has been making concerted efforts for developing energy storage technologies for managing the variable generation from renewable energy sources, including solar power. In this regard, an Expert Committee chaired by Secretary, Ministry of New and Renewable Energy, has proposed draft National Energy Storage Mission that strives for leadership in the energy […] Read more
With 10 GW targets for 2019 in Wind and Solar, SECI has its task cut out Updated On Thu, Feb 7th, 2019 by Saurenergy The focus this year will be on storage, and possibly, hybrid ‘wind-solar’ projects. After a rather ‘disappointing’ 2018, when large cancellations made an appearance for the first time, besides the uncertainty around GST, duties, and even state level flip flops, 2019 promises to be a tough year for SECI. We look at what it might […] Read more
Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr Updated On Wed, Feb 6th, 2019 by Saurenergy The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs Updated On Wed, Feb 6th, 2019 by Saurenergy The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […] Read more
France Launches First Offshore Wind Power Project Updated On Wed, Feb 6th, 2019 by Saurenergy LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen. LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the […] Read more
