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
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
Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme Updated On Wed, Nov 11th, 2020 by Saurenergy The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […] 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
Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
Industry Must Work With Govt on Combatting Climate Change: Javadekar Updated On Fri, Nov 6th, 2020 by Saurenergy Prakash Javadekar has appealed to key industry leaders to work with the government on combating climate change In tune with our declaration in the Paris Summit, India will reduce it’s emission intensity by 35%, we will have 100GW Solar Power, 175 GW Renewable Energy, by the year 2022. Our actions are 2 degree compliant […] Read more
Total Portrays Resilience in Third Quarter Results Updated On Mon, Nov 2nd, 2020 by Saurenergy Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […] Read more
