SJVN Signs PPAs For RE Projects Worth 300 MW With MSEDCL, SECI Updated On Thu, Jul 20th, 2023 by Saurenergy SJVN has entered into Power Purchase Agreements (PPA) for a cumulative capacity of 300 MW renewable energy projects. The PPAs have been signed by SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the firm. The projects have been won through competitive bidding. The PPAs have been signed for 200 MW solar power project […] Read more
Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
SECI Issues Tender for Soil Investigation for 13 GW Renewable Energy Project Sites in Leh Updated On Wed, Jul 19th, 2023 by Saurenergy Solar Energy Corporation of India (SECI) has issued a tender for the appointment of an agency to conduct soil investigation at proposed renewable energy project sites in Leh, Ladakh, with a cumulative capacity of 13 GW. The geotechnical analysis for the project must be completed within eight months of signing the contract. The last date […] Read more
RERC Declines To Allow Lower Tariffs for Private Hospitals In Rajasthan Updated On Tue, Jul 18th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) declined to give any relief to the Indian Medical Association (IMA). The Rajasthan IMA branch had filed a review petition before the RERC to review its earlier order passed on March 31, 2023. The earlier order had also rejected the demand of a special tariff […] Read more
IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring innovative technologies to the market. The grants are from […] Read more
MAHAPREIT& GEAPP In 500 MW Agricultural Irrigation Initiative in India Updated On Mon, Jul 17th, 2023 by Saurenergy Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) and the Global Energy Alliance for People and Planet (GEAPP) have forged a partnership for the upcoming 500 megawatts (MW) tender in Maharashtra. At a meeting in Mumbai, MAHAPREIT and GEAPP drew the roadmap for the implementation of the 500 MW tender for PM-KUSUM C/Mukhyamantri Saur […] Read more
JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1 Updated On Mon, Jul 17th, 2023 by Saurenergy JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT). As per the details shared by the firm […] Read more
