DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears Updated On Fri, Apr 29th, 2022 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […] Read more
Tata Power, NAREDCO Collaborate To Set Up 5000 EV Charging Stations in Mumbai Updated On Fri, Apr 29th, 2022 by Saurenergy National Real Estate Development Council (NAREDCO) – one of the premier bodies of real estate in India – and Tata Power have announced a collaboration to set up 5000 electric vehicles’ charging stations in Mumbai. The charging stations will come up in the properties or residences of the developers who are members of NAREDCO. The […] Read more
Solar Startup Enerzy Solar Steps In with Rooftop Solar Insurance And More Updated On Tue, Apr 26th, 2022 by Saurenergy Rooftop Solar systems, that much neglected yet critical part of the solar push have finally got some insurance cover. Till now, the premium amount in such cases was too low for most insurance agents to push hard for these. But now, if you are digital savvy, Pune-based Enerzy Solar claims to provide rooftop solar insurance […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
Infrastructure sector needs to think beyond traditional finance options Updated On Wed, Apr 20th, 2022 by Saurenergy Infrastructure project financing is the key to taking projects successfully from planning to completion stage. The lion’s share of infrastructure finance is shouldered by banks but with stricter regulations on banks and their lending to the infrastructure sector due to NPAs, projects will require new sources of finance. Choosing the right means of funding infrastructure […] Read more
Solis on Top In Solar Rooftop Market in India, Says Report Updated On Mon, Apr 18th, 2022 by Saurenergy Research firm Bridge to India, in its India Solar Rooftop Map (Report) for December has some interesting findings. The report highlights total cumulative solar rooftop capacity of 8988 MW by December 2021, with close to 75% accounted for by capex projects. The Industrial segment dominates the rooftop category, with over 50% share of total capacity, […] Read more
Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
Solar resource variability in key global markets increases scrutiny on solar asset performance: Study Updated On Mon, Apr 11th, 2022 by Saurenergy A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments, has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […] Read more
