SJVN Secures 100 MW Solar Project at Raghanesda Solar Park Updated On Wed, Sep 30th, 2020 by Saurenergy SJVN Ltd has announced that it has bagged a 100 MW solar PV power project in the Raghanesda Solar Park and will soon begin work on the Rs 490 crore project. SJVN Ltd has announced that it has bagged a 100 MW solar PV power project in the Raghanesda Solar Park in Gujarat. The firm […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
“Green” Credentials of Biomass Energy Challenged by Korean Solar Industry Updated On Mon, Sep 28th, 2020 by Saurenergy Solar developers in South Korea are filing a potentially game-changing lawsuit against their national government (midday Korea Standard Time, 28 September), citing unconstitutional renewable energy subsidies to wood burning that have worsened air pollution, accelerated climate change, and stunted the growth of the Korean solar energy sector. The case represents the first national-level lawsuit challenging […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
How World Record Low Solar Prices Moved Out of India Updated On Sat, Sep 19th, 2020 by Saurenergy Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […] Read more
Gujarat Government Announces Subsidy for Electric Vehicles Updated On Fri, Sep 18th, 2020 by Saurenergy The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy […] Read more
Renewables Rich Rajasthan can Lead India’s Energy Transition: IEEFA Updated On Fri, Sep 18th, 2020 by Saurenergy IEEFA finds that Rajasthan can play a key leadership role in India’s transition to a low-emission and low-cost electricity system. As India looks to expand its renewable energy capacity, a new report from IEEFA finds that Rajasthan can play a key leadership role in India’s transition to a low-cost, low-emission, profitable electricity system. The state’s installed […] Read more