Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets Updated On Tue, Nov 2nd, 2021 by Saurenergy A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […] Read more
French Firm TotalEnergies Expects RE Expansion in Future Updated On Tue, Sep 28th, 2021 by Saurenergy French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […] Read more
Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025 Updated On Tue, Sep 21st, 2021 by Saurenergy Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […] Read more
Heard at REI 2021- 5 Takeaways From The Expo Updated On Mon, Sep 20th, 2021 by Saurenergy At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the […] Read more
6 States to Lead Growth in Indian Renewable Open Access Space: Study Updated On Tue, Sep 7th, 2021 by Saurenergy The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […] Read more
REI Expo 2021 Is Back. Important Dates and Details Updated On Mon, Sep 6th, 2021 by Saurenergy The Renewable Energy India (REI) Expo, among Asia’s largest and most influential expo’s in the RE space by Informa Markets in India, is back this year in its 14th epic edition in a physical format. Scheduled for 15th – 17th September 2021 at the India Expo Mart, Greater Noida, REI is supported by Indian Biogas Association (IBA), […] Read more
SECI’s 1200 MW Tranche XI Wind Tender Sees Winning Bids at Rs 2.69/Unit Updated On Fri, Sep 3rd, 2021 by Saurenergy Wind Energy continues to charge up in 2021, with SECI’s Tranche XI tender attracting winning bids at Rs 2.69/unit. The winning firms this time were ReNew Power (300 MW), Sembcorp through its subsidiary Green Wind Infra Energy (180 MW), Evergreen Power through Anupavan Renewables (150 MW). Adani Green scooped up the largest parcel of 450 […] Read more
AEML Supports MNRE’s Rooftop Solar Prog to Help Consumers Go Green Updated On Tue, Aug 24th, 2021 by Saurenergy Adani Electricity Mumbai Limited (AEML), in partnership with the Ministry of New and Renewable Energy (MNRE), is driving grid- connected rooftop program for its residential and housing society customers, who will get up to 40% subsidy on the project cost as a central financial assistance from MNRE, according to a report by the Free Press Journal, […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
