Naidu Attacks Reddy Govt for Renegotiating RE PPAs Updated On Thu, Jul 18th, 2019 by Saurenergy TDP Chief N Chandrababu Naidu has attacked the Reddy government for its decision to renegotiate the PPAs for renewable projects signed during his tenure TDP Chief N Chandrababu Naidu has attacked the Jaganmohan Reddy government for its decision to renegotiate the power purchase agreements (PPAs) for solar and wind projects signed during the five-year tenure […] Read more
5X Increase in Renewable Jobs in 5 Years- Skills Council Report Updated On Wed, Jul 17th, 2019 by Saurenergy India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in FY18 by utility-scale solar, rooftop solar, and wind […] Read more
EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
EDF Renewables and Masdar Place 415 MW Turbine Order With Vestas Updated On Wed, Jul 17th, 2019 by Saurenergy A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in Saudi Arabia with Vestas. A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in the Al Jouf region of Saudi Arabia […] Read more
India’s Renewable Workforce has Grown 5-Fold Since 2015: Report Updated On Tue, Jul 16th, 2019 by Saurenergy A new report by CEEW has revealed that India’s renewable energy workforce has grown five-fold in the past five years to over 100,000 workers in 2019. A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
NSEFI Urges Govt to cap RE Tariff at Rs 3/Unit under SECI/NTPC Auctions Updated On Mon, Jul 15th, 2019 by Saurenergy NSEFI has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned SECI and NTPC. The National Solar Energy Federation of India (NSEFI), an umbrella organization of all solar energy stakeholders of India, has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
