ReNew Power Commissions 105 MW Solar Facility in Gujarat Updated On Thu, Apr 22nd, 2021 by Saurenergy ReNew Power announced yesterday (April 21) that it has commissioned a 105 MW solar generation facility in Gujarat, with the project having a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) at a tariff of Rs 2.68/kWh. The project has advanced mono perc solar modules with seasonal tilt structure design as part […] Read more
CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project Updated On Mon, Apr 19th, 2021 by Saurenergy The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as India’s […] Read more
ReNew Power Commits to Achieving Net-Zero Emissions by 2050 Updated On Fri, Apr 9th, 2021 by Saurenergy ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […] Read more
ReNew Power Commissions 110 MW Solar Project in Jaisalmer Updated On Thu, Apr 8th, 2021 by Saurenergy ReNew Power has commissioned a 110 MW solar generation facility in Jaisalmer and signed a PPA with SECI at a tariff of Rs 2.49/kWh. ReNew Power has announced that it has successfully commissioned a 110 megawatt (MW) solar generation facility in Jaisalmer, Rajasthan. As part of the project, the firm has signed a power purchase agreement with Solar Energy Corporation […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
Renew Power Starts 300 MW Gujarat Wind Energy Plant Updated On Fri, Mar 26th, 2021 by Saurenergy ReNew Power, a leader among renewable energy firms in India, has announced the commissioning of a 300 megawatt (MW) wind power generation facility in Gujarat. The project was previously awarded to ReNew’s operating subsidiary ReNew Wind Energy (AP2) Private Limited in a competitive E-reverse auction conducted by the Solar Energy Corporation of India (SECI). The […] Read more
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up Updated On Thu, Mar 4th, 2021 by Saurenergy Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more