IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments Updated On Wed, Jun 5th, 2019 by Saurenergy The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […] Read more
EoI For 500 MW Energy Storage Projects Issued in Madhya Pradesh Updated On Wed, Jun 5th, 2019 by Saurenergy MPPMCL has issued an EoI for the demonstration and selection of technology for providing energy storage services of up to 500 MW and setting up energy storage manufacturing facility in Madhya Pradesh. The Madhya Pradesh Power Management Company (MPPMCL) intends to execute Energy Storage Projects in the state to make optimum use of energy resources […] Read more
Centuary Mattresses Goes Solar With Freyr Energy Updated On Tue, Jun 4th, 2019 by Saurenergy The move came as the company wants to fulfill its rising energy demand via eco-friendly uninterrupted power supply after it saw surge in business operations and also acceleration in mattresses production. In a bid to contribute towards country’s clean and green energy initiatives, one of the leading mattress makers, Centuary Mattresses has successfully commissioned 240 […] Read more
Waaree Commissions 49.5 MW Solar Project in Vietnam Updated On Tue, Jun 4th, 2019 by Saurenergy Waaree Energies, one of India’s leading solar PV manufacturers, has announced the commissioning and inauguration of its 49.5 MW ground-mounted solar project in Vietnam. The project, in association with Song Giang Solar Power JSC, marks the company’s footprint in South East Asia. Developed in the Khanh Hoa province, the plant is expected to generate more […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Mahindra Susten and Mitsui to Co-Develop Solar Plants in India Updated On Tue, Jun 4th, 2019 by Saurenergy Mahindra Susten and Mitsui have announced plans to co-develop and operate solar power projects in India. Mahindra Susten, the renewable energy arm of the Mahindra group, has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy […] Read more
SECI’s 100 MW Solar Tender For SCCL Extended and Amended Updated On Tue, Jun 4th, 2019 by Saurenergy The last date for bid submission for the SCCL tender has been extended till June 10, 2019, and the techno-commercial bids will be opened on the same date. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its SCCL tender for the Design, Engineering, Supply, Construction, Erection, Testing & […] Read more
SECI Extends Deadline For 2 GW Solar Projects Tender Under CPSU-II Updated On Tue, Jun 4th, 2019 by Saurenergy The deadline bid submission has been extended by SECI till July 2, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for selection of solar power developers for setting up of 2000 MW grid-connected solar PV power projects in India (Tranche-I) under CPSU Phase-II scheme (Government Producer Scheme). The […] Read more
