“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
RWE, Northland Power Select Vestas for 1.6 GW Offshore Wind Cluster Updated On Wed, Mar 1st, 2023 by Saurenergy Global wind energy developers RWE and Northland Power have announced that they are making significant progress on the deployment of their Nordseecluster. The companies have selected Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. RWE said that a minimum […] Read more
Canadian Solar Renews EUR 100 Million Note Program Updated On Tue, Feb 28th, 2023 by Saurenergy Canadian Solar Inc. has announced that Canadian Solar EMEA Capital Markets, its wholly-owned subsidiary in Spain, has registered its EUR 100 million medium term note program in the MARF (a Spanish multilateral trading facility). Canadian Solar said that any payment under the notes issued under the note program will be guaranteed by the company. The […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
IREDA Plans Office in Gujarat’s GIFT City for Foreign Currency Funding of Renewables Updated On Fri, Feb 24th, 2023 by Saurenergy The Indian Renewable Energy Development Agency Ltd (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing the IREDA to avoid foreign exchange hedging cost. Pradip Kumar Das, Chairman and Managing Director […] Read more
“EV Policies At State & Central Level In India Are Very Encouraging”, Pankaj Goyal, Autonxt Automation Updated On Tue, Feb 21st, 2023 by Saurenergy The focus on EVs was accelerated from 2013 with the announcement of the National Electric Mobility Mission Plan 2020 (NEMMP), followed by FAME – I and II subsequently. India has now gained good momentum on the EV deployment with a focus on all segments 2W, 3W, commercial vehicles, and of course passenger vehicles (PVs) all […] Read more
Totalenergies, Corio Collaborate for Offshore Wind in Taiwan Updated On Mon, Feb 20th, 2023 by Saurenergy Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
