MNRE Clarifies December 2022 as Deadline for 175 GW Target Updated On Fri, Oct 11th, 2019 by Saurenergy MNRE has clarified that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December 31, 2022. The Ministry of New and Renewable Energy (MNRE) has clarified via an official release that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December […] Read more
CRISIL Report on REturn to Uncertainty Updated On Thu, Oct 10th, 2019 by Saurenergy India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […] Read more
CEEW Report on Greening New Pastures for Green Investments Updated On Thu, Oct 10th, 2019 by Saurenergy Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […] Read more
IEEFA Report on Pumped Hydro Storage in India Updated On Thu, Oct 10th, 2019 by Saurenergy Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […] Read more
Huawei Provided Solar PV Solution for World’s Largest Airport Updated On Thu, Oct 10th, 2019 by Saurenergy The world’s largest airport, the Beijing Daxing International was put into operation recently with its 5.61 MWp solar plant with the Huawei PV Solution The world’s largest airport, the Beijing Daxing International Airport was put into operation recently. And the grid-tied rooftop distributed solar PV system in the cargo area, east runway, and business jet […] Read more
Bifacial Modules in the Spotlight with US Move Updated On Wed, Oct 9th, 2019 by Saurenergy The move by the Trump administration to remove the exemption that had been granted to Bifacial modules from punitive tariffs on Chinese imports is a signal about the growing share of Bifacials in the US market. Under Section 201 tariffs , bifacial solar panels had enjoyed an exemption in the U.S. market , granted in […] Read more
IREDA Gets Approval for IPO. Will it be Second Time Lucky? Updated On Wed, Oct 9th, 2019 by Saurenergy The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The final regulatory approval clears the way to the much awaited initial public offering (IPO) for the state owned firm. While the firm had last targeted […] Read more
KUSUM Scheme Greatest Setback for Small Manufacturers: Vikas Jain Updated On Wed, Oct 9th, 2019 by Saurenergy KUSUM scheme will be the greatest setback for Indian solar manufacturers in the SME/MSME category. Small manufacturers are not eligible to meet the qualifying turnover condition for the scheme. KUSUM scheme was long awaited but we are highly disappointed to see the terms. We have already submitted our representation to the concerned authorities, says Vikas […] Read more
Engie EPS Selected for Solar Plus Storage Projects in Guam Updated On Wed, Oct 9th, 2019 by Saurenergy Engie EPS has been selected as the successful bidder for the construction of two solar-plus-storage projects under a 20-year PPA in Guam Engie EPS, a subsidiary of the Engie group, involved in the energy storage systems and microgrids segment has been informed that the Power Authority of Guam, a US territory in the Western Pacific, […] Read more
