I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni Updated On Thu, Apr 23rd, 2020 by Saurenergy I Squared Capital has completed the sale of Chenya Energy, the largest solar platform in Taiwan, to Japanese firm Marubeni Corporation. I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and […] Read more
REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come Updated On Wed, Apr 22nd, 2020 by Saurenergy The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
Now, Safeguard Duty Clarification From MNRE Awaits Updated On Wed, Apr 22nd, 2020 by Saurenergy An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […] Read more
MNRE Grants Blanket Extension for RE Projects amid Lockdown Updated On Tue, Apr 21st, 2020 by Saurenergy With an aim to provide relief to renewable energy (RE) stakeholders amid lockdown due to Covid-19, the Ministry of New and Renewable Energy (MNRE) has granted an extension of time for RE projects equivalent to the period of lockdown plus 30 days additional blanket extension. Saurenergy had shared this information following our coverage of MNRE […] Read more
Crashing Oil, Booming Solar. Possible? Updated On Tue, Apr 21st, 2020 by Saurenergy While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India, this is the opportunity that needs to be taken with both hands. The country has […] Read more
China’s March Jump in PV Exports Unlikely To Sustain Updated On Tue, Apr 21st, 2020 by Saurenergy China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […] Read more
SECI Extends Deadline for 3 Solar PV Project Tenders Updated On Tue, Apr 21st, 2020 by Saurenergy SECI has issued a notification, extending the bid submission deadline for three of its active solar PV project tenders at SCCL in Telangana. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for three of its active solar PV project tenders. The three tenders for which the deadlines […] Read more
EESL Tenders for 19 Lakh LED Street Lights Under SLNP Updated On Tue, Apr 21st, 2020 by Saurenergy EESL has issued a tender for the supply of 1.9 million or 19 lakh LED street lights and other related works across India under the SLNP. The Energy Efficiency Services Limited (EESL) has issued a tender for the supply of 1.9 million or 19 lakh LED street lights and other related works at Telangana Gram […] Read more
