Power Ministry Yields; Proposes Net-Metering Limit of 500 kW Updated On Mon, Apr 12th, 2021 by Saurenergy After yielding to the representations received from the industry, the Power Ministry has proposed increasing the net-metering cap to 500 kW. The Ministry of Power had notified the Electricity (Rights of Consumers) Rules, 2020 on December 31, 2020, under section 176 of the Electricity Act, 2003. And since its release, the provision of net metering […] Read more
Progress On Aluminium Based Storage Batteries Updated On Wed, Apr 7th, 2021 by Saurenergy In recent time, capturing solar energy has been becoming quite affordable, but the cost and technology to store it, given that its supply is irregular, has not kept pace. Now, scientists at Cornell University in the US have developed cheap and long-lasting batteries using aluminium, a low-cost alternative that is abundant and has a well […] Read more
What If- Renewable Powered Power Trade Between India And Pakistan Updated On Wed, Apr 7th, 2021 by Saurenergy Readers might be surprised to know that India’s trade in power is not insignificant when it comes to its neighbours. The country annually imports around 1,200 MW of power from Bhutan, exports 1,200 MW to Bangladesh, exports 450 MW to Nepal and 3 MW to Myanmar. India is also working on a plan to develop […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA Updated On Wed, Mar 31st, 2021 by Saurenergy India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […] Read more
SECI Issues Clarifications for its EOI for Renewable Solutions in Himalayas Updated On Tue, Mar 30th, 2021 by Saurenergy SECI has issued clarifications against queries raised by prospective bidders for the EoI for Renewable Solutions in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued clarifications against queries raised by prospective participants for the EoI for Renewable Energy (RE) based Solutions/ System /Technology for meeting energy requirements in remote […] Read more
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
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
Fronius Single Phase Hybrid Inverter Makes Indian Debut Updated On Tue, Mar 23rd, 2021 by Saurenergy From March 2021, the Fronius GEN24 Plus hybrid inverter will also be available in a Primo variant for single-phase markets. It will be launched in power categories from 3.0 – 6.0 kW and combines maximum yield, top flexibility and ease of use in a compact and stylish high-tech device. The inverter uses online tools for […] Read more
