Bengal Chief Minister Joins Building Chorus Against Electricity Act Amendments Updated On Mon, Jun 15th, 2020 by Saurenergy The Electricity Act Amendment Bill (2020), slated for a possible introduction in the coming session of parliament, faced a predictable salvo yesterday. West Bengal Chief Minister Mamta Banejee termed its provisions ‘anti- federal’ and even ‘inhuman’ to be brought up at a time when the pandemic is raging. In a strongly-worded letter to Prime Minister […] Read more
DU School of Climate Change and Sustainability in the Works Updated On Mon, Jun 15th, 2020 by Saurenergy DU will be setting up a School of Climate Change and Sustainability, which will take up research in priority areas related to environmental challenges. The Delhi University (DU) will be setting up a School of Climate Change and Sustainability (DSCC&S) under the Institute of Eminence Scheme, which will take up research in priority areas related […] Read more
Andhra Govt Renegotiates Greenko IREP Contract, Secures Rs 3495 Cr Extra Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy AP Govt has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the IREP contract with the implementing firm Greenko group. The Andhra Pradesh (AP) Government has announced that it has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the contract, for the proposed Integrated Renewable Energy Project (IREP), […] Read more
RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA Updated On Thu, Jun 11th, 2020 by Saurenergy The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […] Read more
US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report Updated On Thu, Jun 11th, 2020 by Saurenergy The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […] Read more
Covid, Consumer Focus Lead to ‘Regressive’ HERC Tariff Order for 2020-21 Updated On Thu, Jun 11th, 2020 by Saurenergy In its tariff order for the year 2020-21, the order of the Haryana Electricity Regulatory Comission throws up some issues which will be watched very carefully from here on. For the solar and broader renewable energy sector of course, the most serious hit is the waiver of the state’s RPO (Renewable Purchase Obligation) backlog till […] Read more
CRISIL Report on The New Power Couple in Town Updated On Thu, Jun 11th, 2020 by Saurenergy As the government continues to focus on increasing the share of renewable energy in the country, nearly 15,000 MW of wind-solar hybrid capacity is expected to come up over the next five years, a new report by CRISIL has revealed. Out of this 15,000 MW, works on nearly 10,000 MW are already either under construction or […] Read more
EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm Updated On Tue, Jun 9th, 2020 by Saurenergy EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […] Read more
MNRE Creates FDI Cell to Process Foreign Investment Proposals Updated On Mon, Jun 8th, 2020 by Saurenergy In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […] Read more
