Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
ENIE Offering to buy Rooftop PV Systems From Dutch Households During Pandemic Updated On Mon, May 4th, 2020 by Saurenergy In the wake of COVID-19, Dutch solar product distributor ENIE is looking to purchase existing solar rooftop systems from customers in need of money. In the wake of the COVID-19 pandemic, Dutch solar PV product distributor ENIE is implementing its ZonneRuilen Program to purchase existing solar rooftop installations. As per the program, the firm is […] Read more
CERC Issues Draft Regulations for Determination of RE Tariff Updated On Fri, May 1st, 2020 by Saurenergy CERC has released the draft of its 2020 regulations for tariff determination from renewable energy (RE) sources, with comments invited until May 28, 2020. The Central Electricity Regulatory Commission (CERC) has released the draft of its 2020 regulations for the “Terms and Conditions for Tariff determination from Renewable Energy Sources.” The national power sector regulator has […] Read more
Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more
Duke Energy Sets Sights for 16 GW Renewable Capacity by 2025 Updated On Wed, Apr 29th, 2020 by Saurenergy Duke Energy has announced that it has updated its efforts to address climate change with a new goal of 16 GW renewable energy capacity by the end of 2025. In two reports released recently, Duke Energy has announced that it has updated its efforts to address climate change. The firm intends to cut carbon emissions to […] Read more
‘Policy Framework Needed to Ensure Longevity of Domestic Products Offtake, Profitability’ Updated On Fri, Apr 24th, 2020 by Saurenergy The government has taken steps by coming up with few manufacturing-linked tenders for setting up solar capacities and has also introduced a basic customs duty on imports, but we need a policy framework that will ensure the longevity of offtake of the products manufactured as well as profitability, says a senior official of Tata Power […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
Uzbekistan Issues First Wind PPP Tender for 100 MW Capacity Updated On Thu, Apr 16th, 2020 by Saurenergy The Government of Uzbekistan has launched the tender process for the first wind project, to be developed with the support of the EBRD The Government of the Republic of Uzbekistan (GOU) is implementing a large-scale renewable energy strategy to deploy up to 3 GW of cost-effective and environment-friendly wind generation in the next 10 years […] Read more
