Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai Updated On Wed, Sep 30th, 2020 by Saurenergy Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
Old King Coal is Dead – Long Live The King Updated On Sat, Sep 26th, 2020 by Saurenergy Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […] Read more
Policies for An Atmanirbhar Energy Sector Updated On Fri, Sep 25th, 2020 by Saurenergy As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […] Read more
Odisha Regulator Notifies Open Access Charges for 2020-21 Updated On Fri, Sep 25th, 2020 by Saurenergy Odisha, which has had a relatively better record on the electricity distribution front in recent years, has just had the Odisha Electricity Regulatory Commission notify charges for the year 2020-21. These new charges will be effective from Oct 1, 2020. While usually the charges would have run to Mar 31, 2021, due to the exceptional […] Read more
EESL Appoints Rajat Sud as its new Managing Director Updated On Thu, Sep 24th, 2020 by Saurenergy EESL has announced the appointment of Rajat Sud as its new Managing Director, taking over from S. Gopal. Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has announced the appointment of Rajat Sud as its new Managing Director. Sud takes over from S. Gopal Director […] Read more
