R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
Political Risk Spikes In Andhra As Jagan Government Questions PPA’s Updated On Mon, Jun 10th, 2019 by Saurenergy The central government has been forced to move and publicly ‘advise’ the newly elected government in Andhra Pradesh, where the new Chief Minister, YS Jagan Mohan Reddy has voiced doubts on the PPA’s signed by his predecessor government of Chandrababu Naidu. The central missive follows the state government’s first moves, which included an order to […] Read more
GIPCL Commissions 75 MW Solar Plant in Gujarat Updated On Fri, Jun 7th, 2019 by Saurenergy Gujarat Industries Power Company Ltd. (GIPCL) has announced the commissioning of a 75 MW solar PV power plant at Gujarat Solar Park in Patan, Gujarat. GIPCL had emerged as one of the successful bidders for the 75 MW solar power plant in the e-reverse auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL) in […] Read more
MNRE Roots for Robots To Reduce Water Usage at Solar Plants Updated On Thu, Jun 6th, 2019 by Saurenergy In an effort to reduce water usage in solar plants, the Ministry of New and Renewable Energy (MNRE) has asked the states and the solar industry to “preferably” use robotic cleaning and other new technologies for cleaning solar panels. “The excess usage of water, sometimes, leads to wastage of the precious resource and it can […] Read more
UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments Updated On Wed, Jun 5th, 2019 by Saurenergy The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […] Read more
US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty Updated On Mon, Jun 3rd, 2019 by Saurenergy The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […] Read more
Canadian Solar Signs its Biggest Module Supply Agreement Updated On Thu, May 30th, 2019 by Saurenergy Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape Updated On Wed, May 29th, 2019 by Saurenergy CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […] Read more
