Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
Bengal Tender for Empanelment Of Rooftop Agencies for 50 MW Solar On Residential Buildings Updated On Fri, Aug 27th, 2021 by Saurenergy The West Bengal State Electricity Distribution Company Limited (WBSEDCL) is seeking bids for the empanelment of agencies for the installation of 50 MW of grid-connected rooftop solar projects on residential buildings in West Bengal. The tender comes after a significant gap, with Bengal already one of the laggards on solar adoption. In fact, the state […] Read more
KERC Sweetens Rooftop Solar tariffs To Rs 4.02/unit to Drive Adoption Updated On Fri, Aug 20th, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission has passed an order on generic solar tariffs for the state. It has hiked solar rooftop tariffs to Rs 4.02, mainly in an effort to increase rooftop solar adoption, an area where the commission felt progress had been tardy. KERC has determined the generic tariff as follows: For grid connected […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
APTEL Swayed By Solar Developer’s Appeal Of Financial Distress Updated On Fri, Aug 13th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has issued a new order in favour of Sahasradhara Energy Private Limited, allowing the interim financial relief sought by the developer that the Uttar Pradesh New and Renewable Energy Development Agency (UPNREDA), Uttar Pradesh Electricity Regulatory Commission (UPERC), and Uttar Pradesh Power Corporation Ltd (UPPCL) had aggressively opposed. In 2015, […] Read more
GameChange Solar Finishes 394 MW Tracker Project in Gujarat for Tata Updated On Thu, Aug 12th, 2021 by Saurenergy US solar equipment supplier GameChange Solar has completed its first Genius Tracker™ project in India. The 394 MW project is located 110 km from Ahmedabad, Gujarat, and is expected to supply clean solar power to the equivalent of 376,000 households. The company, which manufactures fixed tilt structures and solar trackers, said that it is proud to […] Read more
APTEL Orders Rs 8.40/unit Payment to Karnataka Developer, Reversing KERC Order Updated On Wed, Aug 4th, 2021 by Saurenergy In a major win for developer Clearsky Solar Private Limited (CSPL), the Appellate Tribunal for Electricity (APTEL) has ruled in favour of the solar developer and directed Gulbarga Electricity Supply Company Limited (GESCOM) to pay it compensation on account of delays in the commercial operation of a solar project in Karnataka. The present ruling came […] Read more
Net Metering for Systems Up to 500 kW Proposed In Draft Karnataka Regulations Updated On Tue, Jul 27th, 2021 by Saurenergy In what should be a relief for solar developers, the Karnataka Electricity Regulatory Commission (KERC) has brought up a proposal that revises the limits for net metering to 500 kW from the earlier proposed 10 kW. In the new proposal, the KERC had suggested generic tariffs of Rs. 3.82/kWh for residential rooftop solar systems between […] Read more
Fourth Partner Energy Takes Over 8.9MW Solar Portfolio from Statkraft India Updated On Fri, Jul 23rd, 2021 by Saurenergy Fourth Partner Energy has acquired 8.9 MW of solar portfolio from Statkraft India. India’s distributed solar energy firm focusing on building and financing solar projects, Fourth Partner Energy has announced acquiring 8.9 MW of solar energy portfolio of Statkraft India, an Indian branch of a European generator of renewable energy. This marks the first acquisition […] Read more