Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Renew Financial Sells Residential PACE Assets for $160 Million Updated On Mon, Feb 3rd, 2020 by Saurenergy Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […] Read more
Sales of Renewable Energy Certificates Down 29% in January Updated On Mon, Feb 3rd, 2020 by Saurenergy Sales of Renewable Energy Certificates declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago Sales of Renewable Energy Certificates (REC) declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago due to lower supply, according to […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […] Read more
Greenko, ReNew Power win SECI’s 1.2 GW Hybrid Plus Storage Tender Updated On Sat, Feb 1st, 2020 by Saurenergy Greenko Group and ReNew Power have won with their bids in SECI’s 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of India’s (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and […] Read more
Duke Energy Renewables’ Largest Solar Project in Texas now Online Updated On Fri, Jan 31st, 2020 by Saurenergy Duke Energy Renewables has announced that its 100-megawatt Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 100-megawatt (MW-alternating current) Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. It is Duke Energy’s second solar project in commercial operation […] Read more
EDF Renewables and SITAC Commission 105 MW Wind Plant in India Updated On Thu, Jan 30th, 2020 by Saurenergy EDF Renewables and its India operations partner the SITAC Group have announced the commissioning of the 105 MW Verdant wind project in India. EDF Renewables and its partner for wind power generation in India, the SITAC Group, have announced the commissioning of the Verdant project, a new wind farm of 105 MW installed capacity in […] Read more
Cenfura, C4D to Tokenise Renewable Assets in South Africa Updated On Wed, Jan 29th, 2020 by Saurenergy Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […] Read more
