WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
Adani Green Energy’s Petition Against PGCIL Dismissed by CERC Updated On Thu, Jun 13th, 2019 by Saurenergy CERC recently heard a petition filed by Adani Green Energy against Power Grid. The Central Electricity Regulatory Commission (CERC) recently heard a petition filed by Adani Green Energy Limited (AGEL) against the Power Grid Corporation of India Limited (PGCIL). The case was about three of Adani’s projects – a 500 MW wind project, 1,000 MW […] Read more
Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit Updated On Thu, Jun 13th, 2019 by Saurenergy The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI. The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […] Read more
Mahindra Launches Asset Care Company ‘TEQO’ for RE Industry Updated On Wed, Jun 12th, 2019 by Saurenergy This newly formed company will provide optimization solutions for renewable energy customers both in India and abroad. The word TEQO is derived from Technology, Quality and Operations. With an aim to accomplish its aspiration to deliver a comprehensive, technology-enabled, asset management solution, Mahindra Partners has launched a technology driven asset care company TEQO. This newly […] Read more
Vestas Secures its Largest Order in Ukraine For 164 MW Wind Project Updated On Wed, Jun 12th, 2019 by Saurenergy Denmark-based wind energy major, Vestas has secured its largest order to date in Ukraine. Long-term customer Vindkraft has placed the order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year […] Read more
Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021 Updated On Wed, Jun 12th, 2019 by Saurenergy Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […] Read more
In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
SNEC Shanghai 2019. India is falling ‘Behind’ Updated On Mon, Jun 10th, 2019 by Saurenergy At the SNEC Shanghai Show, held in shanghai from June 4-6, and among the largest expos for the solar industry in the world, after three days of meetings with visitors and exhibitors from China and other countries, for their view of the Indian market, we saw an almost uniform perspective on the Indian market this […] Read more
