CARE Ratings Report on COVID-19 Impact: Indian Renewable Sector Updated On Thu, Apr 16th, 2020 by Saurenergy The global economy has been hit hard by the unexpected outbreak of COVID-19, which has now posed fresh challenges across all geographies and sectors. The renewable energy sector which was already grappling with multiple issues will have to face a new problem of COVID-19. Nevertheless, given government impetus on the renewable sector in the past […] Read more
BlackRock Raises USD 5.1 Bn for Global Energy & Power Infrastructure Fund III Updated On Thu, Apr 16th, 2020 by Saurenergy BlackRock has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III) BlackRock through its Global Energy & Power Infrastructure Fund (GEPIF) has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in […] Read more
Duke Energy Renewables Brings Online 60 MW Solar Energy Facility Updated On Thu, Apr 16th, 2020 by Saurenergy Duke Energy Renewables and Colorado Springs Utilities have announced the start of operation for a new solar energy facility, the 60 MW Palmer Solar project. Duke Energy Renewables, a commercial business unit of Duke Energy, and Colorado Springs Utilities (Springs Utilities) have announced the start of operation for a new solar energy generating facility, the […] Read more
Adani Green Energy Subsidiary Commissions 50 MW Solar Project Updated On Thu, Apr 16th, 2020 by Saurenergy Adani Green Energy has announced that its arm Kilaj Solar (Maharashtra) Pvt Ltd has commissioned a 50 MW solar power project. Adani Green Energy has announced that its arm Kilaj Solar (Maharashtra) Pvt Ltd has commissioned a 50 MW solar power project on April 114, 2020. “Kilaj Solar (Maharashtra) Private Ltd, a step-down subsidiary of Adani Green Energy […] Read more
Large, Attractive And Safe. MNRE Secy’s Spirited Pitch for RE in India Updated On Thu, Apr 16th, 2020 by Saurenergy At the MNRE, momentum for India’s ambitious renewable push will never be allowed to flag. Even at the time of COVID-19 pandemic. That was the message from Anand Kumar, Secretary, Ministry of New and Renewable Energy (MNRE), at a webinar tonite involving Sumant Sinha, Founder and CMD, ReNew Power, Nolty Theriot, Senior Vice President, Government […] Read more
HyperSolar Accelerates Production of Renewable Solar Hydrogen Panels With new Tie-up Updated On Tue, Apr 14th, 2020 by Saurenergy HyperSolar is working with Suzhou GH to make the final modifications to the solar cells required to manufacture the Gen 1 hydrogen production panels HyperSolar Inc, the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, has announced that it is working with Suzhou GH New Energy, a division of GCL […] Read more
Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March Updated On Mon, Apr 13th, 2020 by Saurenergy The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […] Read more
Maharashtra Discoms Turn Away From Costly PPAs to Energy Exchanges Updated On Mon, Apr 13th, 2020 by Saurenergy Discoms in Maharashtra are turning to energy exchanges to buy cheaper power to protect margins, eschewing PPAs that command much higher tariffs. With four-fifth of the economy shuttered for the third week, on account of COVID-19 control measures, pulling down power demand sharply, power utilities and Discoms in Maharashtra are turning to energy exchanges to […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
