Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra Updated On Fri, Jun 19th, 2020 by Saurenergy Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […] Read more
MNRE to Form Project Development Cell for Attracting Investments in India Updated On Thu, Jun 18th, 2020 by Saurenergy MNRE is constituting its own Project Development Cell (PDC) for attracting investments in India, by the development of investible projects in the country The Ministry of New and Renewable Energy (MNRE) has announced that the Central Government has approved the setting up of an Empowered Group of Secretaries (EGoS) and Project Development Cell (PDC) in […] Read more
Xcel Energy Proposes $3 Bn in Energy Investments in Minnesota Updated On Thu, Jun 18th, 2020 by Saurenergy Minneapolis based Utility Xcel Energy has announced its proposal for one of the largest packages of energy investments in Minnesota Xcel Energy, a utility holding company serving more than 3.3 million electric customers, has announced its proposal for the one of the largest packages of energy investments in Minnesota’s history, as part of its response […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision Updated On Wed, Jun 17th, 2020 by Saurenergy The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […] Read more
MNRE Seeks Details of Consulting Firms for Pre-Bid Video Meet for India’s ‘One Sun One World One Grid’ Plan Updated On Mon, Jun 15th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has asked all the interested and eligible consulting firms to submit their details for participation in the pre-bid meeting via video conferencing for the request for proposal (RFP) issued to develop institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG) plan. The reason behind video […] Read more
Tata Power’s Renewable Arm Wins LoA from GUVNL for 120 MW Solar Project in Gujarat Updated On Mon, Jun 15th, 2020 by Saurenergy Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop 120 MW solar project in Gujarat. Mumbai-headquartered Tata Power said in a statement on Monday that “it’s wholly-owned subsidiary […] Read more
Solis Gets BIS Certification for all its Solar Inverters in India Updated On Fri, Jun 12th, 2020 by Saurenergy Ginlong Technologies (Solis) has obtained its BIS receive the BIS certification for all its solar inverters in India. The firm claims it is the first one to have done so, although we have reports of some other firms also having received their confirmations. Ginlong Technologies (Solis), a leading global manufacturer of solar photovoltaic (PV) string […] Read more
