MNRE Clarifies on Implementation of PM-KUSUM Scheme Updated On Wed, Jan 1st, 2020 by Saurenergy After clarification sought by the implementing agencies on certain issues, the Ministry of New and Renewable Energy (MNRE) has issued a clarification on the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. As per the MNRE notification, the distribution companies (Discoms) can, if they desire so, pass on the Procurement Based […] Read more
Maharashtra Issues Rooftop Solar Net Metering Regulations Updated On Tue, Dec 31st, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission has issued new regulations for the net metering for rooftop solar systems in the state. The Maharashtra Electricity Regulatory Commission (MERC) has issued new regulations for the net metering for rooftop solar systems in the state. The regulations will be implemented once it is published in the official gazette. The […] Read more
Dadra and Nagar Haveli Tenders for EV Charging Stations Updated On Tue, Dec 31st, 2019 by Saurenergy The UT of Dadra and Nagar Haveli has issued a tender, inviting bids from eligible bidders for the commissioning of EV charging stations in the UT. The Union Territory (U.T.) of Dadra and Nagar Haveli (DNH) has issued a tender, inviting bids from eligible bidders for the commissioning of electric vehicle (EV) charging stations in […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
SECI Invites EoI for Buying & Blending Power with Renewable Energy Updated On Fri, Dec 27th, 2019 by Saurenergy The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm. With an aim to blend power generated from various sources with renewable energy (RE), state-owned Solar Energy Corporation of India Ltd (SECI) has invited Expression of Interest (EOI) from various power generators. As per the SECI […] Read more
Are lower margins making the Indian solar market unattractive? Updated On Thu, Dec 26th, 2019 by Saurenergy In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […] Read more
NTPC Planning to add 10 GW Solar Capacity by 2022 Updated On Thu, Dec 26th, 2019 by Saurenergy NTPC is planning to add 10 GW of solar energy capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds. State-owned power giant NTPC has revealed that it is planning to add 10 GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to […] Read more
The Potholes of 2019 for India’s Solar Drive Updated On Tue, Dec 24th, 2019 by Saurenergy Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […] Read more
Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm Updated On Tue, Dec 24th, 2019 by Saurenergy Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […] Read more
