Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved Updated On Thu, Sep 10th, 2020 by Saurenergy The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore Updated On Thu, Sep 3rd, 2020 by Saurenergy The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […] Read more
Report Finds Adani to be the Largest Solar Generation Owner Globally Updated On Wed, Sep 2nd, 2020 by Saurenergy A report has found the Adani Group to be the largest solar power generation asset owner in the world in terms of operating, under construction & awarded projects. A new report by Mercom Capital has ranked the top 10 global large-scale solar PV developers. And at the very top of those rankings is the Adani […] Read more
3rd Deadline Extension for 15 MW Floating Solar Project in Himachal Updated On Tue, Sep 1st, 2020 by Saurenergy SECI has once again extended the bid submission deadline for its tender for setting up of 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has announced that it has once again extended the bid submission deadline for its tender for the selection of solar power developers for setting […] Read more
Govt Looking to Fast Track the Kutch Hybrid Power Project Updated On Tue, Sep 1st, 2020 by Saurenergy The Kutch hybrid energy project will generate 41.5 GW power and is high on the agenda of the Prime Minister’s Office and the state government as well. The state government of Gujarat working in collaboration with the Central Government, has decided to expedite the process of land acquisition for renewable energy projects – as both […] Read more
IEX, PXIL Make the Case for Reopening REC Trading Updated On Mon, Aug 31st, 2020 by Saurenergy IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), citing the impact on the entire value chain. Energy exchanges IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), saying the market closure is impacting the entire value chain in the electricity […] Read more
Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report Updated On Sat, Aug 29th, 2020 by Saurenergy A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the world’s cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able […] Read more
