SJVN Wins 288 MW Of PTC Wind Assets With ₹2000 Cr Bid Updated On Fri, Mar 12th, 2021 by Saurenergy SJVN, a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh , has won the auction for 288 MW of wind power assets spread across Madhya Pradesh, Karnataka, and Andhra Pradesh, owned by Power Trading Corporation India (PTC Limited). PTC India has been on a mission to exit its wind […] Read more
Adani Greens Kamuthi Project Turns Water Positive, Signals The Future for Large Projects Updated On Fri, Mar 12th, 2021 by Saurenergy The announcement of the groups most prestigious and early large project turning water positive will set a benchmark for almost all future projects to follow Adani Green Energy’s 648 megawatt Kamuthi Solar plant in Tamil Nadu, has been declared the first of its scale to be water positive. The announcement is a welcome step by […] Read more
BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit Updated On Fri, Mar 12th, 2021 by Saurenergy Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views […] Read more
Orange Signs 20-Year Corporate Renewable PPA With Total in France Updated On Thu, Mar 11th, 2021 by Saurenergy Orange signed a Corporate Power Purchase Agreement (CPPA)1 with Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through its subsidiary Total Quadran – one of the leaders in renewable energies in France. Total will supply Orange with 100 GWh a year of renewable electricity over a period of 20 years. This agreement will thus enable the development, by 2024, of […] Read more
Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA Updated On Thu, Mar 11th, 2021 by Saurenergy Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
PG&E Surpasses California’s 2020 Renewable Energy Goal Updated On Wed, Mar 10th, 2021 by Saurenergy Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […] Read more
Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s Updated On Wed, Mar 10th, 2021 by Saurenergy Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […] Read more
State-Owned and Private Discoms on two Ends of the Spectrum: ICRA Updated On Tue, Mar 9th, 2021 by Saurenergy The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […] Read more
