Each Year, 500MW to 1,000MW of Energy Will be Added by Renewable Energy Firm Mytrah Updated On Wed, Nov 29th, 2017 by Saurenergy With 500 MW of projects of Solar, the company is listed among the AIM of London Stock Exchange. Energy capacity of between 500MW to 1,000MW to be added each year constituting both solar and wind energy is next on the cards for renewable energy company Mytrah, said a top company official. In the next few […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions Updated On Mon, Nov 27th, 2017 by Saurenergy MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […] Read more
Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park Updated On Thu, Nov 23rd, 2017 by Saurenergy A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […] Read more
India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom Updated On Thu, Nov 23rd, 2017 by Saurenergy Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […] Read more
Indian renewable energy companies among lowest rated: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […] Read more
Low Bids Slowing Solar Energy Projects: ICRA Updated On Wed, Nov 22nd, 2017 by Saurenergy The level of solar power tariffs witnessed a sharp reduction in the last six months says ICRA The viability for solar projects bid has slowed down in the last six months, according to the research and ratings agency ICRA. The solar project capacity awarded in 2017 stood at 3.75 GW by October end as against […] Read more
India to Invite Bids for World’s Largest Solar Tender of 20GW Capacity Updated On Fri, Nov 10th, 2017 by Saurenergy The MNRE plans to award the contracts to developers who will quote the lowest price at which they will sell electricity in the auction process for the grid-linked capacity. In order to boost the manufacturing of solar power equipments at domestic stage, India is planning to invite the bids for the world’s largest solar tender […] Read more
