WBPDCL Issues Tender For 8 MW Solar Projects in Durgapur Updated On Thu, Dec 16th, 2021 by Saurenergy The West Bengal Power Development Corporation Limited (WBPDCL) has issued an e-tender cum reverse auction for the development of 8 MW Phase-II grid-connected solar PV plants situated in Durgapur, West Bengal. The full scope of the project includes the design, engineering, manufacture/procurement, supply, erection, testing and commissioning of 8 MW Phase-II grid-connected ground-mounted solar photovoltaic […] Read more
Ayana Renewable Acquires 250MW Solar Assets from ACME in Rajasthan Updated On Thu, Dec 16th, 2021 by Saurenergy ACME Solar Holdings Private Ltd will divest 100% equity stake in its 250 MWac solar PV power plants, located in Rajasthan, to Bengaluru-based renewable energy platform Ayana Renewable Power Private Ltd, following the signing of a new deal between the two companies. With this transaction with ACME, Ayana, which is majority controlled by the National […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
Shell Acquires Solar And Energy Storage Developer Savion Updated On Thu, Dec 16th, 2021 by Saurenergy Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […] Read more
Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
2021 Confirmed As Record Year For Solar Capacity With 11 GW Crossed Updated On Wed, Dec 15th, 2021 by Saurenergy With the December numbers yet to be tallied, India has already added about 11.1 GW of solar capacity from January 2021 till November 2021, which is about 249% higher compared to the installations done in 2020, a new report by JMK Research & Analytics(JMK) says. These numbers are broadly in line with the industry figures […] Read more
Bharat Petroleum, Bhabha Atomic to Jointly Produce Green H2 Updated On Wed, Dec 15th, 2021 by Saurenergy OMC Bharat Petroleum Corporation Ltd (BPCL) and the Bhabha Atomic Research Centre (BARC) have collaborated to scale up alkaline electrolyser technology for the production of green hydrogen. To produce green hydrogen, water electrolysers split water molecules into hydrogen and oxygen using renewable electricity. Multiple water electrolyser technologies exist today. While green hydrogen is currently recognised […] Read more
Singapore’s Keppel Corp to Buy Majority Stake in Shell-backed Cleantech Updated On Tue, Dec 14th, 2021 by Saurenergy Cleantech Solar, a Singapore-headquartered renewable energy to corporates, announced today that a consortium of Keppel Corporation Limited (Keppel), Keppel Asia Infrastructure Fund LP (KAIF) and a co-investor of KAIF, through Cloud Alpha Pte Ltd, is acquiring a 51% equity interest in Cleantech Renewable Assets Pte. Ltd. from Cleantech Energy Corporation Pte. Ltd. The remaining 49% […] Read more
Serbia to Develop 11.3 GW of Solar and Wind Power Projects Updated On Tue, Dec 14th, 2021 by Saurenergy Serbia has released its draft program of economic reforms for the period 2022-2024, which envisages the implementation of state projects for the construction of wind farms with a capacity of 3,000 megawatts (MW) and solar power plants with a capacity of 8,300 MW. Serbia drafts the economic reforms program every year as a candidate country […] Read more
