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
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
Boson Robotics Sees Opportunity in India Updated On Sat, Jan 25th, 2020 by Saurenergy One of the biggest challenges in maintaining a solar farm is the issue of cleaning. Keeping the panels clean can make a huge difference to productivity of solar power, especially at utility scale. That has led to the emergence of firms specialising in the job. It wasn’t long though, before a Chinese firm started to […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
CERC Order Against Avaada Energy in 100MW Project Leaves Key Issues hanging Updated On Mon, Jan 20th, 2020 by Saurenergy Last Week, in an order dated January 13th , 2019 the Central Electricity Regulatory Commission (CERC) ruled against Avaada Energy in a petition it had brought against SECI (Solar Energy Corporation of India). The order, while dismissing a plea by Avaada to stay the cancellation of a PSA (Power Sales Agreement) it had with SECI […] Read more
Uttar Pradesh Tenders for Electric Buses and Charging Stations Updated On Thu, Jan 9th, 2020 by Saurenergy Two tenders have been issued in Uttar Pradesh for the supply of electric buses and commissioning of EV charging stations for the said buses in Gorakhpur. The Directorate of Urban Tranport under the Government of Uttar Pradesh has issued two tenders for the supply of two electric buses, and the commissioning of EV charging stations […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Action will be taken if Obstacle Lights of Wind Turbines at IAF Stations Not Working: MNRE Updated On Fri, Jan 3rd, 2020 by Saurenergy Now, all the OEMs/ wind farm developers/ wind farm operators has been directed to submit their report regarding the operation of said lights on their wind turbines to the Ministry at the earliest, latest by January 17, 2020. The Ministry of New and Renewable Energy (MNRE) on Friday said that it will take action if […] Read more
Installed Renewable Energy Capacity in India now at 84.39 GW: MNRE Updated On Thu, Jan 2nd, 2020 by Saurenergy The installed renewable energy capacity in India had crossed 84 GW mark by the end of November 2019, as per fresh data released by MNRE. The installed and operational renewable energy (RE) capacity in India had crossed 84 gigawatts (GW) mark by the end of November 2019, fresh data released by the Ministry of New […] Read more
