REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan Updated On Thu, Feb 25th, 2021 by Saurenergy Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […] Read more
Essar to Commission Rs 300 Cr – 90 MW Solar Plant in Madhya Pradesh Updated On Thu, Feb 25th, 2021 by Saurenergy Essar Power will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. Essar Power has announced its foray into the renewable energy segment and will be setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. According to CEO Kush Singh, the […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Vikram Solar Further Strengthens Its Retail Footprint with Entry into the State of Telangana Updated On Wed, Feb 24th, 2021 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & Rooftop solar solutions provider announced the expansion of its retail footprint into Telangana by partnering with 3S SOLUTIONS, a leading distributor for high quality solar products and services. The announcement was made in presence of Sri N. Janaiah, Vice Chairman & Managing […] Read more
RP Global to Develop a 1GW Solar PV and Wind Project Pipeline in Poland Updated On Wed, Feb 24th, 2021 by Saurenergy Renewable energy developer and investor RP Global is investing in the development of Solar PV and wind power projects across the country. Wojciech Glocko, former EPA Wind and utility manager, has been hired to head up project development together with a team of senior local experts from Poland’s leading public and private renewable energy organisations. RP Global is working […] Read more
TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector Updated On Tue, Feb 23rd, 2021 by Saurenergy TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […] Read more
Record 33.6 GW of Wind and Solar Capacity Added to US Grid in 2020: BNEF Updated On Tue, Feb 23rd, 2021 by Saurenergy A new report has found that in a year faced with COVID-19, a record 33.6 GW of wind and solar capacity was added to the US grid in 2020. Faced with the COVID-19 pandemic and sharp economic contraction, the US clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) […] Read more
West Bengal Issues Tender to Set Up 9.9 MW Rooftop Solar Plant Updated On Tue, Feb 23rd, 2021 by Saurenergy West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender for setting up 9.9 MW of grid-connected rooftop solar PV plants. The tender issued for design and engineering manufacture/procurement, testing, supply installation, and commissioning along with five years of comprehensive maintenance for 990 individual grid-connected rooftop solar PV plants, each with a capacity of […] Read more