Gujarat Allows Discoms to Fulfill RPO by Purchasing Power From Small Solar Projects Updated On Mon, Aug 19th, 2019 by Saurenergy Gujarat Electricity Regulatory Commission has granted permission to state Discoms to procure power from small solar projects to meet their RPO The Gujarat Electricity Regulatory Commission (GERC) has in its latest order granted permission to the Gujarat Urja Vikas Nigam Limited (GUVNL) and the other state Discoms to procure power from small solar projects of […] Read more
India Will Need $ 500-700 bn in Renewable Investments by 2030 Updated On Mon, Aug 19th, 2019 by Saurenergy India will require USD 500-700 billion in renewable energy and supporting grid investments by 2030, in order to meet its renewable energy targets. A new analysis has revealed that India will require USD 500 – 700 billion in renewable energy and supporting grid investments over the coming decade in order to meet its renewable energy […] Read more
Kerala Seeking Agencies for Setting up EV Charging Stations Updated On Mon, Aug 19th, 2019 by Saurenergy Kerala State Electricity Board is seeking competent agencies interested in setting up EV charging stations across the southern state. Kerala State Electricity Board Limited (KSEB) is seeking competent agencies interested in setting up electric vehicle (EV) charging stations across the southern state. KSEB, the designated nodal agency appointed by the state government for setting up electric […] Read more
WTO: US Challenges Ruling Favouring India on Solar Updated On Sat, Aug 17th, 2019 by Saurenergy According to the WTO communication “the US hereby notifies its decision to appeal to the appellate body certain issues of law covered in the report of the panel in the US – certain measures relating to the renewable energy sector and certain legal interpretations developed by the panel”. Taking another step towards trade war brewing […] Read more
Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Solar Can Go Subsidy Free in China, Finds Study Updated On Wed, Aug 14th, 2019 by Saurenergy In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid. The paper was published in Nature Energy, a British peer reviewed […] Read more
CARE Downgrades Outlook of 11 Telangana Solar Firms Updated On Tue, Aug 13th, 2019 by Saurenergy After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […] Read more
