The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Chinese NEV, HEV Sales to Rise Over 15-fold by 2035: WoodMac Updated On Thu, Mar 25th, 2021 by Saurenergy Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy Vehicle Technology Roadmap 2.0, China aims to phase out conventional internal combustion engine […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more
Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
AGL Announces Construction of Grid-Scale Battery, Takes FID on 250 MW Project Updated On Thu, Mar 25th, 2021 by Saurenergy Australia based integrated essential service provider AGL energy has announced that the construction of a 250 megawatt (MW), one-hour duration grid-scale battery at Torrens Island will begin this year, following AGL’s final investment decision (FID) on the project. South Australia is leading the way in the rollout of AGL’s 850 MW network of grid-scale batteries […] Read more
Blue Bird Delivers 1st-Ever Commercial Application of Vehicle-to-Grid Tech in Electric School Bus Partnership with 2 School Districts Updated On Wed, Mar 24th, 2021 by Saurenergy Pekin Public School District and Hollis Consolidated School District Deploy the First-Operational DC Fast Charge Vehicle-to-Grid (V2G) Application With the Ability to Generate Revenue for the School District and Providing Zero-Emissions School Bus Transportation. At a press event held at the Pekin Transportation Department, school bus industry leader Blue Bird Corporation delivered the first operational […] Read more
Goa Adds 50 Electric Buses to its Fleet Under FAME II Scheme Updated On Wed, Mar 24th, 2021 by Saurenergy Goa has added 50 ‘Make in India’ electric buses from Kadamba Transport under the FAME II Scheme. Chief Minister of Goa, Dr. Pramod Sawant, waved off the ‘Make in India’ Electric buses (e-buses). In a first-of-its-kind move, Goans will be now able to travel in zero-emission and noiseless e-buses deployed by Olectra Greentech Limited, a […] Read more
970 Government Funded Public EV Charging Station Installed in India so far Updated On Wed, Mar 24th, 2021 by Saurenergy Answering questions on progress made by Power Ministry in establishing the EV charging stations in India, RK Singh has detailed the initiatives of the Power Ministry and that 970 public stations have been installed so far. Answering a question raised in the Rajya Sabha on the progress made by government-backed agencies in establishing the Electric […] Read more
Loans Worth Rs 1.35 Lakh Cr Sanctioned, Rs 46,321 Cr Released to Discoms: RK Singh Updated On Wed, Mar 24th, 2021 by Saurenergy RK Singh has said that so far, loans worth Rs 1.35 lakh cr have been sanctioned and Rs 46,321 cr has been released to Discoms Union Minister for Power and New & Renewable Energy RK Singh has said that so far, loans of Rs 1.35,497 crore (Rs 1.35 lakh crore) have been sanctioned and that […] Read more
