Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
JERC Orders two UTs to Comply With RPO Targets Updated On Fri, Dec 20th, 2019 by Saurenergy JERC has asked DNHPDCL and the electricity department of Daman & Diu to comply with the RPO targets set by the commission. The Joint Electricity Regulatory Commission (JERC) has been conducting suo-moto hearings in the matter of compliance of the Renewable Purchase Obligations (RPO) by the State of Goa and Union Territories. After its latest […] Read more
Vikram Solar Commissions 3 New Solar Plants at AAI Airports Updated On Thu, Dec 12th, 2019 by Saurenergy Country’s one of the leading solar module makers and rooftop solar & EPC solutions provider Vikram Solar has commissioned three new solar power plants for Airport Authority of India (AAI). These solar energy plants were commissioned by the company at AAI airports of Dibrugarh in Assam; Gaya in Bihar; and Gondia in Maharashtra. Further, these three […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
Interaction with Amit Gupta, Director – Legal & Corporate Affairs, Vikram Solar Updated On Mon, Nov 4th, 2019 by Saurenergy Vikram Solar Ltd, formerly known as Vikram Solar Pvt Ltd, is a globally recognized leading solar energy solutions provider, specializing in high efficiency photovoltaic (PV) module manufacturing and comprehensive EPC solutions. With an international presence across six continents, it is an active contributor in shaping the solar revolution. In an exclusive interview with Saur […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
AAI Tenders for Procurement of Solar Power for Amritsar Airport Updated On Wed, Oct 23rd, 2019 by Saurenergy AAI has issued an RfP for the procurement of 3.8 MW solar power through open access for the Amritsar Airport. The Airports Authority of India (AAI) has issued a Request for Proposal (RfP) for procurement of 3.8 MW solar power through open access for the Amritsar Airport. The scope of work for the selected bidders […] Read more
