ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
CESL Signs Agreement with HPCL to Set up EV Charging Infra Updated On Fri, Jul 30th, 2021 by Saurenergy Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […] Read more
80% of EV Owners Not Put Off by Charging Hassles, Finds Survey Updated On Fri, Jul 30th, 2021 by Saurenergy A recent survey conducted by Climate Trends and YouGov has found that while 80% of end users of electric vehicles do not find charging a hassle, for the remaining 20%, charging and infrastructure as the biggest barriers for adoption. Eye wateringly high fuel costs and better awareness of the pollution caused by them is probably […] Read more
Asia Held 92% Share in Global PV Module Production in 2020: Report Updated On Thu, Jul 29th, 2021 by Saurenergy The recently published Photovoltaics Report, produced under Dr. Simon Philipps (Fraunhofer ISE) and Werner Warmuth (PSE Projects GmbH), explores key details about the photovoltaics manufacturing sector at the end of 2020 in Germany, the European Union and worldwide, including Asia. The Fraunhofer Institute for Solar Energy Systems ISE, supported by PSE Projects GmbH, has been […] Read more
RenewSys Launches New Module Facility in Maharashtra Updated On Thu, Jul 29th, 2021 by Saurenergy RenewSys India Pvt. Ltd. has set up a new manufacturing line for 2 GW of PV modules in a phased manner at Patalganga, Maharashtra, the company has said in a statement. The Mumbai-based module manufacturer expects the new facility, which is about 1.2 hours away from the JNPT port, to strengthen its customer service capabilities […] Read more
C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK Updated On Thu, Jul 29th, 2021 by Saurenergy India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […] Read more
Tata Power Tops CRISIL’s ESG Rankings Among Power Companies Updated On Thu, Jul 29th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant Updated On Thu, Jul 29th, 2021 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […] Read more
