RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF Updated On Wed, Oct 28th, 2020 by Saurenergy The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects Updated On Fri, Oct 23rd, 2020 by Saurenergy SECI has issued the RfS document for setting up of combined 1200 MW wind-solar ISTS-connected hybrid power projects anywhere in India (Tranche – III). The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of project developers for setting up of combined 1200 MW wind-solar ISTS-connected hybrid […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
Power Minister Iterates Plan To Overhaul Regulation, Enforcement Soon Updated On Wed, Oct 14th, 2020 by Saurenergy India’s power ministry is pushing for an overhaul of electricity regulation and enforcement of contracts in order to stem losses of the state-run distribution companies that have burdened the sector. On solar imports, plans afoot to draw up a list of approved manufacturers for allowing imports. The weak financial condition of distribution companies hurts their […] Read more
“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report Updated On Fri, Oct 9th, 2020 by Saurenergy India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
