India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Setting up of Renewable Projects Without PPAs: NTPC Chairman Updated On Mon, Aug 5th, 2019 by Saurenergy NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […] Read more
SECI Floats Tender for 1200 MW RE Projects With Assured Peak Power Supply Updated On Mon, Aug 5th, 2019 by Saurenergy SECI has issued a tender for setting up of 1200 MW RE projects with assured peak power supply in India The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1200 MW ISTS-connected Renewable Energy (RE) projects with assured peak power supply in India. (ISTS-VII) The scope of work for […] Read more
SECI Floats Tender for 1500 MW Solar Projects Under CPSU-II Updated On Fri, Aug 2nd, 2019 by Saurenergy SECI has issued a tender for setting up of 1500 MW grid-connected solar projects in India (Tranche-II) under the second phase of the CPSU The Solar Energy Corporation of India (SECI) has issued a tender for the selection of solar power developers for setting up of 1500 MW grid-connected (including mini and microgrid) solar PV […] Read more
Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon Updated On Thu, Aug 1st, 2019 by Saurenergy For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […] Read more
China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
Global Solar PV Installations to Reach Record 114.5 GW in 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
