Sri Lanka’s WindForce Commences Trading on CSE above IPO Price Updated On Mon, Apr 26th, 2021 by Saurenergy On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […] Read more
Ørsted and Enefit form Partnership to Deliver Large-Scale Offshore Wind in the Baltics Updated On Mon, Apr 26th, 2021 by Saurenergy Ørsted, the global leader in offshore wind, and Enefit, a leading utility and the largest wind energy company in the Baltics, have today signed a memorandum of understanding (MoU) which outlines a vision for becoming the leading offshore wind developer in the Baltic countries. The MoU also sets out a vision to jointly move towards […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
Gautam Solar Increases Solar Manufacturing Capacity From 120 MW to 250 MW in India Updated On Fri, Apr 23rd, 2021 by Saurenergy Gautam Solar has more than doubled its solar panel manufacturing capacity from 120 MW to 250 MW at its facility in Haridwar. Gautam Solar, one of the leading solar manufacturers in the country, has announced that it has more than doubled its solar panel manufacturing capacity from 120 MW to 250 MW at its facility […] Read more
Torrent Power Awarded 300 MW Solar PPA, Project to be Established in Gujarat Updated On Fri, Apr 23rd, 2021 by Saurenergy Torrent Power has been awarded a long-term PPA for 300 MW capacity of solar power generation, project to come up in Gujarat. Torrent Power has announced that it has been awarded a long-term Power Purchase Arrangement (PPA) for 300 MW capacity of solar power generation. The firm has stated that it will set up the […] Read more
Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects Updated On Thu, Apr 22nd, 2021 by Saurenergy Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […] Read more
Solar O&M Gets Set For The Big League In India Updated On Mon, Apr 19th, 2021 by Saurenergy As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […] Read more
New US Law on Climate Change Seeks Bilateral Cooperation With India Updated On Fri, Apr 16th, 2021 by Saurenergy Ahead of the Leaders’ Summit on Climate at the White House on April 22 and 23, to which Prime Minister Modi has also been invited, 10 US senators have introduced the United States Climate Leadership in International Mitigation, Adaptation, and Technology Enhancement Act of 2021 (U.S. CLIMATE Act). The 212-page legislation aims to integrate climate […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
