CCEA Approves Proposal For Setting Up 12 GW Solar Projects Updated On Thu, Feb 7th, 2019 by Saurenergy The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, […] Read more
Government of India has been making concerted efforts for Developing Energy Storage Technologies Updated On Thu, Feb 7th, 2019 by Saurenergy The Government of India has been making concerted efforts for developing energy storage technologies for managing the variable generation from renewable energy sources, including solar power. In this regard, an Expert Committee chaired by Secretary, Ministry of New and Renewable Energy, has proposed draft National Energy Storage Mission that strives for leadership in the energy […] Read more
SECI Reschedules Pre-Bid Meeting for 3 GW Manufacturing Linked Solar Tender Updated On Thu, Feb 7th, 2019 by Saurenergy The pre-bid meeting scheduled for February 13, 2019, has been rescheduled for February 18, 2019. The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for its RfS issued for selection of solar power developers for setting up of 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 […] Read more
Govt. implements various programs/schemes for promotion of grid interactive renewable energy Updated On Thu, Feb 7th, 2019 by Saurenergy The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: – Waiver of Inter State Transmission System (ISTS) charges […] Read more
With 10 GW targets for 2019 in Wind and Solar, SECI has its task cut out Updated On Thu, Feb 7th, 2019 by Saurenergy The focus this year will be on storage, and possibly, hybrid ‘wind-solar’ projects. After a rather ‘disappointing’ 2018, when large cancellations made an appearance for the first time, besides the uncertainty around GST, duties, and even state level flip flops, 2019 promises to be a tough year for SECI. We look at what it might […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Work Begins on Solar Plant at Kozhikode Railway Station Updated On Wed, Feb 6th, 2019 by Saurenergy From the Southern Railways, REMCL aims to generate upwards of 4 MWp electricity from its rooftop structures. In line with the Indian Railways objective to become self-reliant for meeting its energy needs from clean energy sources, work on the 100 kW solar plant at the Kozhikode Railway station has commenced. The project is conceived by […] Read more
EBRD & GCF Provide $50.4 Mn for Solar Project in Kazakhstan Updated On Wed, Feb 6th, 2019 by Saurenergy The new plant will generate over 102 GWh of electricity per year and will help reduce CO2 emission by 86,000 tons per year. Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of […] Read more
