RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
Iberdrola Agrees Deal for Stake in 9 GW of Offshore Wind Projects Updated On Wed, Jun 24th, 2020 by Saurenergy Iberdrola has agreed on a deal to take “majority acquisitions” in the future development of up to 9 GW of offshore wind energy projects in Sweden. Iberdrola has agreed on a deal to take “majority acquisitions” in the projects with the renewables company Svea Vind Offshore AB (SVO) for the future development of up to […] Read more
CREDA Revises 20 MW Rooftop Solar Tender Schedule for Chhattisgarh Updated On Mon, Jun 15th, 2020 by Saurenergy State nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has revised the schedule for its 20 MWp tender for grid-connected rooftop solar photovoltaic (PV) systems under the Resco model. The move came in the wake of novel coronavirus (Covid-19) restrictions and precautionary measures and requests from bidders. As per the revised schedule, interested bidders […] Read more
Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand Updated On Sat, May 16th, 2020 by Saurenergy UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […] Read more
CERC Issues Draft Regulations for Determination of RE Tariff Updated On Fri, May 1st, 2020 by Saurenergy CERC has released the draft of its 2020 regulations for tariff determination from renewable energy (RE) sources, with comments invited until May 28, 2020. The Central Electricity Regulatory Commission (CERC) has released the draft of its 2020 regulations for the “Terms and Conditions for Tariff determination from Renewable Energy Sources.” The national power sector regulator has […] Read more
Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019 Updated On Thu, Apr 16th, 2020 by Saurenergy Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […] Read more
Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam Updated On Thu, Apr 9th, 2020 by Saurenergy Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has entered into an inverter supply pact with XBSolar, a Vietnamese clean energy company. As per the deal, the China-based company will supply 40 MW of its commercial and industrial (C&I) and residential inverter solutions to Vietnam within a year. Further, […] Read more
Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27 Updated On Tue, Mar 31st, 2020 by Saurenergy The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
India’s RE Generation Capacity Sees 72% Growth in 6 Years: RK Singh Updated On Wed, Mar 25th, 2020 by Saurenergy The installed capacity of renewable energy generation in the country has grown 72% from 80 GW to 138.9 GW during the past six years, according to RK Singh. The installed capacity of renewable energy generation in the country has grown 72 percent from 80 gigawatts (GW) to 138.9 GW during the past six years, according […] Read more
