Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order Updated On Thu, Jan 30th, 2020 by Saurenergy In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […] Read more
Corporations Bought Record Amount of Clean Energy in 2019: BNEF Updated On Wed, Jan 29th, 2020 by Saurenergy Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […] Read more
Limited CERC Relief For Avaada, Canadian Solar in GST Dispute with SECI Updated On Wed, Jan 29th, 2020 by Saurenergy In a detailed order with far reaching implications for multiple cases related to the same issue, the Central Electricity Regulatory Comission (CERC) has provided limited relief to Avaada Power Private Limited and Canadian Solar Holdings on their GST related claims. The pricipal issue for both firms was that the enactment of the GST law was […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Thinner Solar Cells Could Lead to lower Costs and Faster Expansion Updated On Tue, Jan 28th, 2020 by Saurenergy Researchers at MIT and at the NREL have outlined a pathway to slashing costs of solar cells by slimming down the silicon cells themselves. Costs of solar panels have plummeted over the last several years, leading to rates of solar installations far greater than most analysts had expected. But with most of the potential areas […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Appalachian Power Issues RfP for 200 MW Solar Projects in Virginia Updated On Mon, Jan 27th, 2020 by Saurenergy Appalachian Power has issued an RfP for up to 200 MW of solar energy that will reduce customer costs and further diversify its electric generation mix Appalachian Power this week issued a second Request for Proposals (RFP) for up to 200 megawatts (MW) of solar energy resources that will reduce customer costs and further diversify […] Read more
NeoVolta Poised to Lead the Emerging Solar Plus Storage Market Updated On Mon, Jan 27th, 2020 by Saurenergy After closing the decade with record growth, the residential solar plus storage market is set for takeoff and NeoVolta is ready to meet this growth After closing the decade with record growth, the residential solar plus storage market is set for takeoff in the 2020s. Analysts predict that one in five of all solar systems […] Read more
Andhra Pradesh Government Planning for 10 GW Solar Project Updated On Mon, Jan 27th, 2020 by Saurenergy Andhra Pradesh is planning to set up a solar project with an installed capacity of 10 GW to meet the increasing demand for power in the agricultural sector The state government of Andhra Pradesh is planning to set up a mega solar power project with an installed capacity of 10 GW in order to meet the increasing demand for power and […] Read more