IREDA Gets Approval for IPO. Will it be Second Time Lucky? Updated On Wed, Oct 9th, 2019 by Saurenergy The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The final regulatory approval clears the way to the much awaited initial public offering (IPO) for the state owned firm. While the firm had last targeted […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Engie EPS Selected for Solar Plus Storage Projects in Guam Updated On Wed, Oct 9th, 2019 by Saurenergy Engie EPS has been selected as the successful bidder for the construction of two solar-plus-storage projects under a 20-year PPA in Guam Engie EPS, a subsidiary of the Engie group, involved in the energy storage systems and microgrids segment has been informed that the Power Authority of Guam, a US territory in the Western Pacific, […] Read more
First in Finland: Elo Shopping Centre to Get over 1 MW Rooftop Solar Plant Updated On Mon, Oct 7th, 2019 by Saurenergy This power plant is expected to be completed by the next month of the current year, and Helen Ltd is responsible for the construction of the project. In a bid to get power through renewable energy, Finland’s first roof mounted solar power plant with capacity of over 1 MW, which is currently under construction on […] Read more
MNRE Launches Internship Scheme on Renewable Energy Updated On Mon, Oct 7th, 2019 by Saurenergy The ministry further added that this internship will be on an unpaid basis, and no stipend will be provided to the interns. It will be available throughout the year as per the MNRE requirement. The Ministry of New & Renewable Energy (MNRE) has offered a national internship program on renewable energy called National Renewable Energy […] Read more
58/100. India’s Likely Target Achievement on renewables in 2022 Updated On Mon, Oct 7th, 2019 by Saurenergy A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are tied , when it comes to sustaining the […] Read more
SECI to Tender for 400 MW Renewable Projects Soon Updated On Fri, Oct 4th, 2019 by Saurenergy SECI has issued a notice, informing prospective developers that the agency will be inviting proposals for the development of 400 MW of renewable projects The Solar Energy Corporation of India (SECI) has issued a notice, informing prospective developers that the agency will be inviting proposals for the development of 400 MW of renewable projects on […] Read more
Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021 Updated On Fri, Oct 4th, 2019 by Saurenergy Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […] Read more
Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn Updated On Fri, Oct 4th, 2019 by Saurenergy Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […] Read more
