Statkraft Backs Solar Park with 5- year PPA Updated On Fri, Jul 15th, 2022 by Saurenergy Europe’s leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
Project Development Manager Updated On Tue, Jul 12th, 2022 by Saurenergy As our Project Development Manager you will be responsible for managing the development and structuring of renewable energy projects in India from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead coordination of external and internal development processes, and to collaborate with multidisciplinary teams we be […] Read more
Singapore Gets Its First Renewable Energy Import From Laos Updated On Fri, Jul 8th, 2022 by Saurenergy Singapore’s Energy Market Authority (EMA) has said that the country has begun to import renewable energy from Laos through Thailand and Malaysia. The authority held that this is the first such transfer of RE into Singapore. In September 2021, a power purchase agreement (PPA) was signed between Keppel Electric of Singapore and Electricite du Laos […] Read more
CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy Updated On Fri, Jul 1st, 2022 by Saurenergy In an order dated June 29th that was published yesterday, the Central Electricity Regulatory Commission (CERC) declined to prevent the Solar Energy Corporation of India (SECI) from encashing bank guarantees submitted by Inox Green Energy and its various subsidiaries. The Case Details The case involved Inox Green Energy Services setting up 250 MW Wind Power […] Read more
Biocon, Hindalco Declare Investments In Renewable Energy Updated On Thu, Jun 30th, 2022 by Saurenergy The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […] Read more
MPUVNL Tender Invites Bids For 35 MW Rooftop Solar Systems Updated On Wed, Jun 29th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited has floated a tender inviting bids for installation of 35 MW grid-connected rooftop solar systems. The bids will extend to operations and maintenance of the project for 25 years. The tender mentions that the last date for online submission of the bids is July 13, 2022. The earnest money […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
PubMatic Achieves 100% Renewable Energy Across Global Data Centers Updated On Wed, Jun 22nd, 2022 by Saurenergy PubMatic, an independent technology company has said that all of its global data centers are now powered by 100% renewable energy. PubMatic claims it to be a significant milestone and says that it embarks on a comprehensive, multi-pronged sustainability plan by the end of 2022. According to the World Economic Forum, the infrastructure powering the […] Read more
