CFM Partners With Ampyr for 138 MW Wind Energy Project in India Updated On Thu, Jul 9th, 2020 by Saurenergy CFM has partnered up with Ampyr Energy for the development, construction and ownership of 138 MW wind projects located in the state of Karnataka, India. Climate Fund Managers (CFM), the manager of the Climate Investor One (CI1) financing facility, has announced that it has partnered up with renewable energy developer Ampyr Energy for the development, […] Read more
Engie Sells 49% Share in its 2.3 GW US Renewables Portfolio Updated On Thu, Jul 2nd, 2020 by Saurenergy Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong, a leading investor in climate change solutions. […] Read more
Let’s Make India The Recycling Hub Of The World: Rajat Verma Updated On Wed, Jul 1st, 2020 by Saurenergy As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […] Read more
US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar Updated On Fri, Jun 5th, 2020 by Saurenergy The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […] Read more
Govt Extends All Deadlines for ‘One Sun One World One Grid’ Plan on Request Updated On Thu, Jun 4th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has extended the timelines of each activity of its request for proposal (RFP) for the development and implementation of India’s ‘One Sun One World One Grid’ (OSOWOG) plan. The reason behind deadline extension is quoted by MNRE as “in view of the prevailing situation and lockdown in […] Read more
MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation Updated On Wed, May 27th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
Renewable Energy can Support Resilient and Equitable Recovery: IRENA Updated On Tue, Apr 21st, 2020 by Saurenergy Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, IRENA has revealed. Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, the first Global Renewables Outlook released by the […] Read more
Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece Updated On Tue, Apr 7th, 2020 by Saurenergy The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […] Read more
