Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Over 1.03 Crore Smart LED Street Lights Installed so far: EESL Updated On Mon, Jan 6th, 2020 by Saurenergy Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, EESL has said. Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, Energy Efficiency […] Read more
SECI Issues RfS for 1200MW ISTS-Connected Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project. State-owned Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of developers to set up 1200 MW of ISTS-connected solar photovoltaic (PV) power […] Read more
OPDEnergy Begins Operation of 50 MW Solar Plant in Spain Updated On Fri, Jan 3rd, 2020 by Saurenergy OPDEnergy has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira (Seville), Spain OPDEnergy, a company specialising in the development, financing, construction, and operation of renewable assets, has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira […] Read more
KCEC Comes Close to 100% Solar Goal With 2 new Arrays Operational Updated On Fri, Jan 3rd, 2020 by Saurenergy Two new solar arrays built by KCEC have come online, helping the group come closer to meeting its goal of 100 percent solar energy during the day by 2022 Two new solar arrays built by Kit Carson Electric Cooperative (KCEC) have come online, bringing three additional megawatts of solar power to KCEC’s customer base, which […] Read more
Sunnova Closes $150 mn in Financing to Fund Growth Updated On Thu, Jan 2nd, 2020 by Saurenergy Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […] Read more
TERI Develops Blockchain-Enabled Prototype for Solar Power Trading Updated On Thu, Jan 2nd, 2020 by Saurenergy TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […] Read more
Western Rajasthan Generating Surplus Power From Wind and Solar Plants Updated On Thu, Jan 2nd, 2020 by Saurenergy For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan region generate surplus power For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan generate surplus power, and in turn, have helped in considerably reducing greenhouse gas emissions. In Jaisalmer region, the total installed wind power capacity […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
