RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF Updated On Thu, May 20th, 2021 by Saurenergy According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
CESL to procure 300 Electric Vehicles from Tata Motors Updated On Thu, May 20th, 2021 by Saurenergy CESL has placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL) placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles with 3 years of warranty. […] Read more
India Moves to 3rd in Latest Renewable Energy Attractiveness Index Updated On Thu, May 20th, 2021 by Saurenergy A piece of positive news has come from Ernst & Young Global Limited (EY), which released its 57th Renewable Energy Country Attractiveness Index (RECAI) yesterday, granting the third position to India due to its continued progress in solar energy. The biannual RECAI ranks the world’s top 40 markets on the attractiveness of their renewable energy investment […] Read more
Power Factors Set to Acquire Software Platform 3megawatt Updated On Wed, May 19th, 2021 by Saurenergy Costa Mesa-headquartered Power Factors, LLC, a leading renewable energy software provider in the U.S., announced today its entry into a definitive agreement to acquire 3megawatt GmbH, the German developer of the best-in-class BluePoint asset management software platform. Power Factors, LLC, offers hardware-agnostic software-as-a-service solution for performance monitoring, asset management, and optimization. 3megawatt’s mission is to […] Read more
Praj Industries Brings New Biotechnology by Producing “Bio-bitumen” Updated On Wed, May 19th, 2021 by Saurenergy One of India’s proficient biotechnology firms, Praj Industries today announced that it has achieved a milestone in innovation technologies by producing a Bio-bitumen based on lignin. As per the firm’s claim, Praj’s Bio-bitumen samples processed from purified Lignin, as a part of their flagship CHAPLIN program, have been approved by the Netherlands-based Circular Biobased Delta […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target Updated On Wed, May 19th, 2021 by Saurenergy The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […] Read more
Enel Green Power Begins Constructing 180 MW Wind Farm in Spain Updated On Tue, May 18th, 2021 by Saurenergy The Italian renewable energy firm, Enel Green Power España (EGPE) yesterday announced the commencement of the construction of its new 180 MW wind farm located in Villar de Los Navarros in Zaragoza, Spain. The new wind farm has been named The TICO WIND plant which involves an investment of Euro 181 million and is expected […] Read more
