Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
India and Denmark Launch Green Strategic Partnership Updated On Thu, Jan 28th, 2021 by Saurenergy India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. The […] Read more
AGEL Commissions 150 MW Solar Plant at Kutchh, Ahead of Schedule Updated On Wed, Jan 20th, 2021 by Saurenergy Adani Solar Energy Kutchh One Limited, a step-down subsidiary of AGEL has commissioned a 150 MWac solar power plant in Kutchh, Gujarat. Adani Solar Energy Kutchh One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 150 MWac solar power plant in Kutchh, Gujarat. Despite all the challenges of global pandemic […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November Updated On Mon, Jan 4th, 2021 by Saurenergy Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […] Read more
SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh Updated On Thu, Dec 24th, 2020 by Saurenergy SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […] Read more
China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
