The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more
Germany’s Senvion to Sell its Indian Wind Turbine Manufacturing Entity Updated On Tue, Apr 7th, 2020 by Saurenergy Germany-based one of the world’s leading wind turbine makers Senvion GmbH is selling its fully operational wind turbine manufacturing entity in India to an undisclosed investor. The company, which is a specialist in the offshore business, has entered into a binding agreement with a strategic investor to sell and transfer full ownership of Senvion India. […] Read more
Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP Updated On Sat, Apr 4th, 2020 by Saurenergy Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Capital Dynamics Signs PPA for 100 MW Solar Power in Indiana Updated On Tue, Feb 4th, 2020 by Saurenergy Capital Dynamics has signed a long-term PPA with Indiana Municipal Power Agency (IMPA) for it to purchase 100 MW solar power. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has signed a long-term Power Purchase Agreement (PPA) with Indiana Municipal Power Agency (IMPA) in coordination […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
We are Planning to Enter Into EV Charger Market in India: Brijesh Prajapati Updated On Tue, Jan 21st, 2020 by Saurenergy We are also entering in the Indian market with our new and innovative EV Charger products. For this, our discussions are already going on with some reputed Indian companies about EV Charger concept. In my opinion, EV Segment and Li-ion battery products have very good scope in the Indian market. So, we are very optimistic […] Read more
Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest Updated On Thu, Jan 16th, 2020 by Saurenergy Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
