Renewable Energy

UK’s NextEnergy Capital Raises Record $896 M for Solar Infra Fund

London-based NextEnergy Capital recently said that it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries – its biggest private fund to date. While there may exist larger solar-focused funds with more restrictive geographic focus, the firm assured that its latest was the biggest […]

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Bengaluru’s Ayana Renewable Crosses 1 GWac Operational Capacity

Ayana Renewable Power, a renewable energy platform that is majority-controlled by National Investment and Infrastructure Fund (NIIF), has announced that its portfolio has crossed 1 GWac of operational renewable energy (RE) capacity. With an operating portfolio of 1.19 GWac, Ayana is one of the largest RE developers in India, a press release from the company […]

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US Firm Uses Solar Energy to Make Sustainable Nitrogen Fertiliser

California-based Nitricity has created an experimental reactor that produces economical and ecological nitrogen fertilizers using solar energy. Their on-site fertilizer production eliminates the emissions of fertilizer transport and provides a sustainable alternative to the Haber-Bosch process, which uses fossil fuels to fix nitrogen. The nitrogen extracted from the air enables Nitricity to produce nitric acid, […]

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Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report

Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […]

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IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […]

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Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA

Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […]

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The Year 2021 For SaurEnergy. Learnings, Gratefulness and Plans For 2022

Dear Reader, Usually, when we write an article to be published, it is done with a very clear focus that it should meet either of two clear objectives. Deliver hard news to you, or provide an insight that will help you get a better understanding of the renewable sector. In the latter of course, we […]

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NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push

Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […]

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NTPC RE Arm to Get Strategic Investor Ahead of Oct’22 Listing

State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd (NREL) ahead of its listing on bourses in October 2022, according to a senior official, media reports have said. The listing of NREL is part of the state-run power giant’s overall Rs 15,000-crore divestment plan […]

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