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
Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
UL Receives Accreditation to Test RE Plants in India per CEA Grid Codes Updated On Wed, Sep 16th, 2020 by Saurenergy UL has received accreditation from DAkkS that enables it to test renewable energy (RE) power plants per CEA of India grid codes. UL, a global safety science company, has announced that it has received accreditation from Deutsche Akkreditierungsstelle GmbH (DAkkS) that enables it to test renewable energy (RE) power plants per Central Electricity Authority (CEA) […] Read more
As India Presses for Domestic Manufacturing, Bifacial Modules Should Get Their Due Updated On Wed, Sep 16th, 2020 by Saurenergy At last count, over 12 GW of manufacturing announcements or at least an intent to manufacture solar cells and modules had been announced in India. The names include firms with an established record for execution, as well as firms that are building one now. From the Adani Group, to Azure Power, Renew Power, to Tata […] 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
Gujarat Govt Revises Policy for Wasteland Allocation for RE Parks Updated On Tue, Sep 15th, 2020 by Saurenergy The state government of Gujarat has revised its policy for allocating wasteland for renewable energy i.e. wind, solar and hybrid (wind and solar) power parks. According to the new provisions, the renewable project/ park developer(s) will have a period of 3 years from the date of handing over of the sites to build a minimum […] Read more
Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
Sungrow Bags 100% Bankability for a Second Year From BNEF Updated On Mon, Aug 31st, 2020 by Saurenergy Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […] Read more