Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
CERC Approves NTPC License for Inter State Trading of Electricity Updated On Thu, Jul 11th, 2019 by Saurenergy CERC based on materials on record and its finding has directed that NTPC be issued a Category ‘I’ license for inter-State trading in electricity in India. The Central Electricity Regulatory Commission (CERC) in May had approved the application filed by NTPC Ltd. to grant the PSU with an electricity trading license in the country. The […] Read more
Global Wind Capacity to Grow by 60% Over Next 5 Years Updated On Tue, Jul 9th, 2019 by Saurenergy Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
SECI Confirms Migration of Tenders From TCIL to ISN-ETS Updated On Mon, Jul 1st, 2019 by Saurenergy With the migration of e-bidding and e-RA to the ISN-ETS website, SECI’s last 3 tenders live on the TCIL website have been migrated to the new website. The Solar Energy Corporation of India (SECI) has confirmed that with the process of migration of its e-bidding and e-RA to the ISN-ETS website, the last 3 tenders […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more
SECI Signs PSAs Worth 600 MW with two State Discoms Updated On Fri, Jun 28th, 2019 by Saurenergy SECI has signed PSA with two state discoms for supplying nearly 600 MW of power from renewable projects. The Solar Energy Corporation of India (SECI) has announced that it has signed Power Supply Agreements (PSA) with two state discoms for supplying nearly 600 MW of power from renewable projects. The first agreement has been signed […] Read more
Dispute Resolution Committee Takes Shape as Power Minister Selects Members Updated On Thu, Jun 27th, 2019 by Saurenergy In a major decision to facilitate the solar and wind energy projects R K Singh, Power Minister has selected the members of the Dispute Resolution Committee In a major decision to facilitate the solar and wind energy projects, R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved […] Read more
