Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Renewables Rich Rajasthan can Lead India’s Energy Transition: IEEFA Updated On Fri, Sep 18th, 2020 by Saurenergy IEEFA finds that Rajasthan can play a key leadership role in India’s transition to a low-emission and low-cost electricity system. As India looks to expand its renewable energy capacity, a new report from IEEFA finds that Rajasthan can play a key leadership role in India’s transition to a low-cost, low-emission, profitable electricity system. The state’s installed […] Read more
LG Chem to Split Battery Business into new Enterprise Updated On Thu, Sep 17th, 2020 by Saurenergy LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […] Read more
TN, AP and Telangana Account for 71% Discom Dues to RE Generators Updated On Thu, Sep 17th, 2020 by Saurenergy Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector. Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […] Read more
Sterling and Wilson Q1 2020-21 Results. Familiar Problems Continue To Dog Numbers Updated On Wed, Sep 16th, 2020 by Saurenergy Sterling and Wilson Solar Limited has just declared its results for Q1 of the financial year 2021-21, and the numbers don’t make for pretty reading at all. The firm’s legacy problem of timely debt repayment from its promoters, despite assurances after the previous quarter results and analyst calls, continues to fester, something that will not […] Read more
Gujarat Govt Revises Policy for Wasteland Allocation for RE Parks Updated On Tue, Sep 15th, 2020 by Saurenergy The state government of Gujarat has revised its policy for allocating wasteland for renewable energy i.e. wind, solar and hybrid (wind and solar) power parks. According to the new provisions, the renewable project/ park developer(s) will have a period of 3 years from the date of handing over of the sites to build a minimum […] Read more
Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target Updated On Mon, Sep 14th, 2020 by Saurenergy Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […] Read more
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
