Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
SECI Extends EOI for Buying and Blending Conventional Power With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […] Read more
SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […] Read more
EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India Updated On Thu, Jan 23rd, 2020 by Saurenergy The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […] Read more
Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020 Updated On Sat, Jan 18th, 2020 by Saurenergy Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […] Read more
Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai Updated On Mon, Jan 13th, 2020 by Saurenergy The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […] Read more
ADFD Approves Record $105 mn Funding for 8 RE Projects Updated On Mon, Jan 13th, 2020 by Saurenergy ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […] Read more
Zero Carbon Electricity Outstrips Fossil Fuels in the UK for 2019 Updated On Mon, Jan 6th, 2020 by Saurenergy 2019 was the cleanest year on record for the UK as, for the first time, the amount of zero-carbon power outstripped that from fossil fuels for a full year 2019 was the cleanest year on record for the United Kingdom (UK) as, for the first time, the amount of zero-carbon power outstripped that from fossil […] Read more
Can Surplus Renewables Production in West Rajasthan Build A Big Battery? Updated On Thu, Jan 2nd, 2020 by Saurenergy Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […] Read more
