India Short Circuits Power Sector Imports, As China Shadow Looms Updated On Tue, Jun 23rd, 2020 by Saurenergy With material from China practically stuck at ports, ever since last week, when a border skirmish went out of control leading to fatalities on a hitherto ‘peaceful’ border, Power Minister R.K. Singh formally outlined a series of steps today, to combat the ‘risks’ of imports in the ‘strategic’ power sector. The measures, while stopping short […] Read more
PFC, REC, IREDA to Lend at Lower Rates; Imported Solar Products May Face BCD from August Updated On Tue, Jun 23rd, 2020 by Saurenergy After putting an end on all the speculations, the government on Tuesday has hinted about its intentions for the imposition of basic customs duty (BCD) in near future instead of its earlier plan for next year. On the matter, Power Minister RK Singh informed industry stakeholders via video conferencing about his Ministry’s proposal to implement […] Read more
Canadian Solar Inks 2 PPAs for 274 MW PV Projects in Brazil Updated On Tue, Jun 23rd, 2020 by Saurenergy Canadian Solar, a leading solar photovoltaic (PV) module manufacturer, has recently entered into two private power purchase agreements (PPA) with Braskem S.A. and COPEL Energia for an aggregate 274 MW of capacity of solar power projects in Brazil. Braskem is a Brazilian petrochemical company and is the largest producer of thermoplastic resins in the Americas. It […] Read more
Need to Reduce Dependence on Power Sector Import: RK Singh Updated On Tue, Jun 23rd, 2020 by Saurenergy In order to protect the safety and security of our country, there is a need to reduce the dependency on import in the power sector, said RK Singh on Tuesday. The Minister also emphasized that power is a critical infrastructure for the development of our country, and everything, including, communication, data services, health services, logistics, […] Read more
SECI’s 2 GW Solar Tender Oversubscribed; Another 18.2 GW Capacity in Pipeline till July Updated On Tue, Jun 23rd, 2020 by Saurenergy In the wake of the overwhelming response from solar project developers, state-owned Solar Energy Corporation of India’s (SECI’s) tender for 2 GW of Interstate Transmission System (ISTS) connected solar photovoltaic (PV) project under tranche IX has been over-subscribed by about 2.35 GW, as per the research and advisory services provider firm. According to the report […] Read more
NTPC Tenders for Rooftop Solar Plants at Barauni TPP in Bihar Updated On Tue, Jun 23rd, 2020 by Saurenergy NTPC Ltd has issued a tender for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant (TPP) in the state of Bihar. NTPC Ltd has issued a tender, inviting bids from eligible bidders for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant […] Read more
Cleantech Solar Inks APAC’s Largest Green Deal for Rooftop PV Projects Updated On Tue, Jun 23rd, 2020 by Saurenergy Cleantech Solar has secured a USD 75 million green loan from ING Bank, Singapore Branch, the largest deal in the APAC to date in the C&I renewables sector. Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar PV developers in Asia, has secured a USD 75 million green loan deal from […] Read more
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more
