BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
SECI Signs PSA For 460 MW Wind Power with UPPCL Updated On Thu, Jun 20th, 2019 by Saurenergy UPPCL has signed a PSA for procuring 460 MW of wind power with SECI The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a Power Supply Agreement (PSA) for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI). The signing of the agreement was announced on the official twitter handle […] Read more
Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan Updated On Thu, Jun 20th, 2019 by Saurenergy Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Adani Green Arm Wins 600 MW Hybrid Capacity in SECI Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Adani Green Energy Arm has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest SECI auction. Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest Solar Energy Corporation of India (SECI) auction. […] Read more
Boost for EV’s coming as Transport Ministry Proposes Road Tax Exemption Updated On Thu, Jun 20th, 2019 by Saurenergy The road just got smoother for EV vehicles, with the latest notification issued by the Ministry of Road, Transport and Highway led by Union Minister Nitin Gadkari on Tuesday. Now all-electric vehicles are exempted from paying road tax for vehicle registration. The exemption of road tax will apply to all categories of vehicles — two-wheelers, […] Read more
MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC Updated On Wed, Jun 19th, 2019 by Saurenergy MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […] Read more
Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Govt May Lower GST Rate for EVs to 5% Updated On Wed, Jun 19th, 2019 by Saurenergy Government of India may slash down GST levied on the sale of electric vehicles in the upcoming 35th GST council on June 20. India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the current government. The […] Read more
