“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
Eos Energy Storage Expands Battery Deployments in Nigeria Updated On Tue, Oct 6th, 2020 by Saurenergy Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […] 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
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
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
CERC Shutdown- Government Plans Review petition With SC? Updated On Wed, Sep 16th, 2020 by Saurenergy The Central Electricity Regulatory Commission, which had effectively been shut down for September following a Supreme Court order, might yet start functioning a little sooner, with the government set to file a review petition, according to reports. We had reported how, since the order on August 28 last month, when the Supreme Court asked the […] Read more
SECI Fails To Wriggle Out of MERC Jurisdiction. Faces MSEDCL Claims for Damages Updated On Tue, Sep 15th, 2020 by Saurenergy In an order with possibly far reaching consequences for SECI (Solar Energy Corporation of India), the Maharashtra Electricity Regulator (MERC) has opted to place the central government undertaking on the dock, for a claim brought in by MSEDCL (Maharastra state Electricity Distribution Company Limited). MSEDCL’s main complaint against SECI, which it opted to bring before […] Read more
