REInvest 2020- Decoupling From Solar, Higher Peaking Tariffs Key For Wind Energy Updated On Tue, Dec 1st, 2020 by Saurenergy At 38.26 GW of installed capacity till October 3, 2020, India is the fourth largest market for wind energy in the world. Yet, the industry has been overtaken by a sense of pessimism in the past couple of years, as fresh additions have slowed down, and multiple other issues have cropped up. Discussing this, and […] Read more
IEEFA Suggest the Adani Group Should Lead India’s Energy Strategy Updated On Thu, Nov 12th, 2020 by Saurenergy A new report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision A new IEEFA report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision for energy independence and fast-growing reliance on renewables. “The […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Snam Enters Indian Market With Hydrogen Agreements With Adani and Greenko Updated On Mon, Nov 9th, 2020 by Saurenergy Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the hydrogen value chain with Adani and Greenko. Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the energy transition, particularly in hydrogen and low-carbon mobility with perhaps […] Read more
Adani Power Posts 126% Growth in EBITDA for Q2 2020 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
CCI Approves Acquisition of AGE’s Solar Assets by Adani-Total JV Updated On Thu, Oct 15th, 2020 by Saurenergy CCI has approved the acquisition of solar energy generation assets of AGE10L by AGE23L, which is the JV controlled by Total Solar and Adani Green Energy. The Competition Commission of India (CCI) has approved the acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), […] Read more
Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target Updated On Mon, Sep 14th, 2020 by Saurenergy Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […] Read more
Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
