BayWa Expands its Solar & Storage Portfolio With Enable Energy Acquisition Updated On Fri, Sep 11th, 2020 by Saurenergy BayWa r.e. has acquired Enable Energy, a U.S.-based C&I solar and energy storage solutions provider with extensive skills in EPC and O&M support. Global renewable energy developer, service provider and distributor BayWa r.e. has announced that it has acquired Enable Energy Inc. (EEI), a U.S.-based commercial and industrial (C&I) solar and energy storage solutions provider […] Read more
Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT Updated On Thu, Sep 10th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […] Read more
EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park Updated On Sat, Sep 5th, 2020 by Saurenergy ACWA Power has completed the signing of all financing agreements of the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai. ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation plants, has announced that it has completed the signing of all financing agreements of the […] Read more
SenseHawk Raises $5.1 Mn for Software Platform to Enhance Efficiency of Solar Plants Updated On Thu, Sep 3rd, 2020 by Saurenergy SenseHawk has raised USD 5.1 million in funding for its software platform that enhances efficiency in the development, construction & operation of solar plants. SenseHawk, a SaaS company that helps customers develop, build and operate solar and other infrastructure sites, has announced that it has raised USD 5.1 million in Series A1 funding. The investment […] Read more
RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore Updated On Thu, Sep 3rd, 2020 by Saurenergy The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […] Read more
NTPC Planning to Raise up to Rs 15,000 Crore Via Bonds Updated On Tue, Sep 1st, 2020 by Saurenergy NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. The funds are proposed to […] Read more
