APTEL Accepts TPREL Claim For GST Compensation, After MERC Rejection Updated On Tue, Sep 21st, 2021 by Saurenergy In an interesting judgement uploaded yesterday, the Appellate Tribunal for Electricity (APTEL) has upheld an appeal filed by Tata Power Renewable Energy Limited (TPREL) against an order of the Maharashtra Electricity Regulatory Commission (MERC), on compensation for GST law changes. MSEDCL was the other party to the case, as the discom buying the power from […] Read more
Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026 Updated On Mon, Sep 20th, 2021 by Saurenergy Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […] Read more
Scotland to Build Own Green Ports as UK Govt is ‘Not Cooperating’ Updated On Mon, Sep 20th, 2021 by Saurenergy UK Ministers will not commit to implementing green ports in Scotland that are underpinned by fair work conditions and net-zero ambitions, according to Business Minister Ivan McKee. As a result the Scottish Government will now progress plans to independently develop a green port model which is designed to meet the specific needs of Scotland’s economy. […] Read more
bp, ADNOC and Masdar Partner for Green Solutions for UK & UAE Updated On Mon, Sep 20th, 2021 by Saurenergy bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs, said a joint statement last week. The first agreement would see the companies collaborate to initially develop 2GW of low carbon hydrogen across hubs […] Read more
PFC Raises €300 M in First-ever Euro Green Bond Issuance Updated On Fri, Sep 17th, 2021 by Saurenergy Power Finance Corporation Ltd (PFC), a leading non-banking financial company (NBFC) in the power sector, has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance on September 13, 2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets, as per PFC’s release. It […] Read more
Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean Updated On Fri, Sep 17th, 2021 by Saurenergy Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […] Read more
Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe Updated On Fri, Sep 17th, 2021 by Saurenergy Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […] Read more
Curtains Finally Coming Down On Andhra Solar Power Tussle? Updated On Fri, Sep 17th, 2021 by Saurenergy In a key development, the Andhra Pradesh state cabinet of Chief Minister Jagan Mohan Reddy has accepted an offer by SECI (Solar Energy Corporation of India) to supply solar power to the state. The state has plans to supply solar power to its farmers at Rs 2.49 per unit through its own agriculture feeder lines. […] Read more
“We Are Very Good At Innovating New Kinds Of Products And Technologies”, Akshay Singhal, Log 9 Materials Updated On Fri, Sep 17th, 2021 by Saurenergy Bengaluru-based Log 9 Materials shot into the limelight (again) recently after Amara Raja batteries, a leader in the domestic automotive battery market, invested in the firm. Log 9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies from electrode materials, cell to pack level. Their rapid charging battery packs […] Read more
