MP Extends Scope of Subsidised Power Scheme Updated On Tue, Aug 20th, 2019 by Saurenergy Madhya Pradesh has decided to provide electricity at Rs 1 per unit to all domestic consumers using up to 100 units pm, with an upper cap of 150 units. The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an […] Read more
BloombergNEF Awards Sungrow 100% Bankability Rating Updated On Mon, Aug 19th, 2019 by Saurenergy Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […] Read more
Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity Updated On Mon, Aug 19th, 2019 by Saurenergy GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […] Read more
EESL Ties up With Apollo Hospitals to Boost EV Charging Infrastructure Updated On Mon, Aug 19th, 2019 by Saurenergy EESL has signed a 10-year MoU with Apollo Hospitals to install public EV charging stations in its hospitals across India to boost e-mobility Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has signed a 10-year Memorandum of Understanding (MoU) with Apollo Hospitals Enterprises Ltd, to […] Read more
Assam Tenders for 8 MW Rooftop Plants in Residential Sector Updated On Tue, Aug 13th, 2019 by Saurenergy Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Equinor to Co-Develop 120 MW Wind Farm in Argentina Updated On Wed, Aug 7th, 2019 by Saurenergy Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Norwegian multinational energy company Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Both the developers announced that the companies have entered […] Read more
SECI Schemes See June-July Capacity Additions Hit 24 Month Low Updated On Sat, Aug 3rd, 2019 by Saurenergy If Project commissionings under the schemes auctioned by SECI (Solar Energy Corporation of India) are any indication, solar and wind projects could really struggle to recover from a deep trough this year. Not only are delays, especially for wind energy projects in Gujarat, and lately, solar projects in Rajasthan and Tamil Nadu becoming endemic, it […] Read more
