In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
Vivid Solaire’s Plea to Align LTA with Revised SCOD of Project Shot Down by CERC Updated On Tue, Dec 6th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has rejected the petition of Vivid Solaire Energy Private Limited to reconsider Long-Term Access (LTA) to coincide with the revised SCOD of project and waive the transmission charges. In its petition, the Pune-based firm had filed a petition seeking a waiver for the levy of transmission charges by CTUIL […] Read more
Government Plans Green Hydrogen Plant in West Bengal Updated On Tue, Dec 6th, 2022 by Saurenergy According to Power Minister Aroop Biswas, West Bengal is preparing to build a green hydrogen plant in Durgapur as the federal government has identified the state as a potential location for its production. As per the recent talk at INFOCOM 2022, a networking conference led by the research community, Biswas stated that the Center’s Revamped […] Read more
US Probe Identifies 4 Firms For Avoiding Trade Laws Against China Updated On Tue, Dec 6th, 2022 by Saurenergy The U.S. Department of Commerce has identified Canadian Solar, BYD Hong Kong, Trina Solar and Vina Solar as firms possibly guilty of trying to evade US trade laws when it comes to import of Chinese origin solar cells and modules to the US. Announcing its preliminary determinations in a recent circumvention case tied to solar cells […] Read more
Big Win For Sungrow In Brazil With 580 MW Solutions for Voltalia Updated On Tue, Dec 6th, 2022 by Saurenergy Sungrow, the global market leader in the supply of photovoltaic inverters, is supplying the PV inverters for the Serra do Mel 1&2 Photovoltaic Complex, owned by French energy major Voltalia, with operations in 20 countries. The Brazilian project is located in the state of Rio Grande do Norte. The photovoltaic plants located in Rio Grande […] Read more
E-battery recycler Lohum Aims to Increase Topline by Three Times This Fiscal Updated On Mon, Dec 5th, 2022 by Saurenergy Greater Noida-based manufacturer and recycler of lithium-ion battery packs, Lohum has stated that strong demand is expected to fuel a three-fold increase in its topline this fiscal year to over Rs 300 crore. According to Lohum Cleantech, the lithium-ion battery business is predicted to grow 11-fold between 2020 and 2030, prompting the company to develop […] Read more
IEX Power Market Update For November Updated On Mon, Dec 5th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7764 MU total volume traded in November 2022, including Green Power trade of 354 MU, and 3.72 lac RECs (equivalent to 372 MU). The total electricity volume traded on the Exchange in November’22 was 7392 MU, an increase of 9% on YoY. However, the overall volume […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan Updated On Fri, Dec 2nd, 2022 by Saurenergy A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India’s multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that its continuous dedication to its environmental, social, and governance (ESG) […] Read more
