In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
Rs 3,584 Crore Released For RE Schemes in FY 2018-19: R K Singh Updated On Wed, Feb 13th, 2019 by Saurenergy A total of 74.79 GW of renewable energy capacity had been installed in the country at the end of December 2018. The government has released Rs 3,584.08 crore as Central Financial Assistance (CFA) for implementing renewable energy schemes by the Ministry of New and Renewable Energy (MNRE) in the financial year 2018-19 so far, power and renewable energy minister R […] Read more
Sign of the times. At Petrotech Expo, PM Speaks About Renewables Updated On Tue, Feb 12th, 2019 by Saurenergy The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […] Read more
Africa and Middle East Installed 962 MW New Wind Capacity in 2018 Updated On Mon, Feb 11th, 2019 by Saurenergy The report forecasts that a further 6.5 GW capacity will be added by 2023. According to the latest data released by the Global Wind Energy Council (GWEC), countries in Africa and the Middle East region installed 962 MW of new onshore wind power capacity in 2018, an increase of more than 300 MW compared to […] Read more
Engie Commissions Kathu CSP Plant in South Africa Updated On Mon, Feb 11th, 2019 by Saurenergy The park is expected to operate for 30 years, with a 100 MW capacity delivering an estimated 390 GWh of electricity every year. French energy and services group, ENGIE has achieved commercial operation of its 100 MW Concentrated Solar Power (CSP) plant in the Northern Cape, South Africa. The solar plant, which is one of […] Read more
Petitions by SPDs to Consider GST as Change in Law Accepted Updated On Mon, Feb 11th, 2019 by Saurenergy The CERC with its latest order has provided some relief to solar developers in a matter of GST compensation. The Central Electricity Regulatory Commission (CERC), hearing on the matter raised by local solar project developers, has issued an order accepting the Goods and Services Tax (GST) as a change in the law in case of […] Read more
IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
2 Days After 12 GW Manufacturing ‘Stimulus’ Time For Reality Check Updated On Fri, Feb 8th, 2019 by Saurenergy On Feb 6, the government announced a move to push central public sector undertakings towards a 12 GW solar plan, powered completely by domestic manufacturing. Will this finally kick start domestic manufacturing? 2 days after the announcement, we spoke to industry insiders, as well as considered the factors that could make or break this latest […] Read more
Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender Updated On Fri, Feb 8th, 2019 by Saurenergy SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by ReNew Power, EDF, and ENEL who bid for 300 MW […] Read more
