Crashing Oil, Booming Solar. Possible? Updated On Tue, Apr 21st, 2020 by Saurenergy While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India, this is the opportunity that needs to be taken with both hands. The country has […] Read more
Electricity Act Amendments The Big Bang Reforms Solar Sector Needs Updated On Mon, Apr 20th, 2020 by Saurenergy The amendments proposed in the draft Electricity Act (Amendment) Bill 2020 by the power ministry could be the big bang reforms the power sector, and by extension, the renewable energy sector in India, has been waiting for. If these go through without major changes, then some of the biggest roadblocks holding back the proper growth and […] Read more
Draft Electricity Act (Amendment) Out. Renewables in Focus Updated On Mon, Apr 20th, 2020 by Saurenergy True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […] Read more
Tender Issued for 45 MW Rooftop Solar Projects in Madhya Pradesh Updated On Mon, Apr 20th, 2020 by Saurenergy MPMKVVCL has issued a tender, seeking eligible bidders for setting up of 45 MW of rooftop solar power projects in the state of Madhya Pradesh. Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Limited (MPMKVVCL) has issued a tender, seeking eligible bidders for setting up of 45 MW of rooftop solar power projects in the state […] Read more
Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
European RE Industry Started Recovery from March Low Prices: Report Updated On Wed, Apr 15th, 2020 by Saurenergy The worse hit prices of renewable energy across Europe in March amid coronavirus have shown the signs of recovery in April, says software and advisory services provider firm. Renewable energy prices across Europe took a substantial hit at the beginning of March, falling between 15-30 percent across key markets compared to average prices in February. […] Read more
MNRE Cuts Tariff Ceiling by 70 Paise under CPSU Ph-II Solar Scheme Updated On Tue, Apr 14th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has reduced the tariff ceiling by 70 paise to Rs 2.8 per unit from Rs 3.5 per unit earlier under the phase-II of the Central Public Sector Undertaking (CPSU) programme for developing 12 GW of capacity solar projects. Also, the government has increased the time period for the implementation […] Read more
Technology-led Solns Help Turbine Makers Tap Addl Revenue Opportunities: Report Updated On Mon, Apr 13th, 2020 by Saurenergy The new onshore wind energy installation capacity rose by 17 percent to touch 54.2 GW in 2019, as against previous year, mainly on account of decline in wind turbines’ overall costs, as well as ambitious both national & regional level renewable energy targets, says the business consulting firm. As per Frost & Sullivan, the global […] Read more
