As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up Updated On Thu, Jan 30th, 2020 by Saurenergy News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […] Read more
In India, Solar to Edge Ahead of Wind in 2020 Updated On Thu, Jan 30th, 2020 by Saurenergy Wind Energy, which had enjoyed a strong headstart in India, has been falling away, even as Solar catches up. 2020 will probably see total solar capacity overtake wind energy capacity in the country for the first time, ever. Wind Energy, which along with Solar Energy is expected to play a significant role for India to […] Read more
IndiGrid Acquires Power Transmission firm ENICL for Rs 1,020 Cr Updated On Thu, Jan 30th, 2020 by Saurenergy IndiGrid has announced the acquisition of power transmission firm ENICL for Rs 1,020 crore. IndiGrid, the country’s first infrastructure investment trust in the power sector, has announced the acquisition of power transmission firm East North Interconnection Company Ltd (ENICL) for Rs 1,020 crore. ENICL is part of the interstate transmission scheme network and consists of […] Read more
India Needs to Prioritise Rooftop Solar for Achieving 100 GW Target Updated On Thu, Jan 30th, 2020 by Saurenergy India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar target by 2022, a new report has revealed. India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar energy target by 2022, a new report has revealed. Demand aggregation mechanism’ could help accelerate energy efficiency and […] Read more
Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order Updated On Thu, Jan 30th, 2020 by Saurenergy In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […] Read more
Corporations Bought Record Amount of Clean Energy in 2019: BNEF Updated On Wed, Jan 29th, 2020 by Saurenergy Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […] Read more
Limited CERC Relief For Avaada, Canadian Solar in GST Dispute with SECI Updated On Wed, Jan 29th, 2020 by Saurenergy In a detailed order with far reaching implications for multiple cases related to the same issue, the Central Electricity Regulatory Comission (CERC) has provided limited relief to Avaada Power Private Limited and Canadian Solar Holdings on their GST related claims. The pricipal issue for both firms was that the enactment of the GST law was […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Empower Solar Named 2020 Quality Solar Installer by NYSERDA Updated On Wed, Jan 29th, 2020 by Saurenergy EmPower Solar has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row EmPower Solar, an Island Park-based solar installer, has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row. In an […] Read more
