ReNew Power Raises $300 Million Through Rights Issue Updated On Mon, Jul 1st, 2019 by Saurenergy Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […] Read more
FICCI makes a case for subsidies for battery swapping under FAME 2 Updated On Mon, Jul 1st, 2019 by Saurenergy The move by the leading industry body FICCI to include battery swapping seems to be a pragmatic response to the likely success of adoption of EV’s in the two-wheeler and three-wheeler segment at least. In an interesting move, industry chamber FICCI has made a call for including the battery swapping model of charging for EV’s […] Read more
US Renewables to Outpace Coal for Entire 2Q of 2019 Updated On Mon, Jul 1st, 2019 by Saurenergy Utility-scale renewables in the US have been predicted to will generate more electricity than coal through the entire second quarter of 2019 According to a new analysis, utility-scale renewables in the U.S. generated more electricity than coal for the first time in April, and the trend will likely persist through the entire second quarter of […] Read more
SECI Confirms Migration of Tenders From TCIL to ISN-ETS Updated On Mon, Jul 1st, 2019 by Saurenergy With the migration of e-bidding and e-RA to the ISN-ETS website, SECI’s last 3 tenders live on the TCIL website have been migrated to the new website. The Solar Energy Corporation of India (SECI) has confirmed that with the process of migration of its e-bidding and e-RA to the ISN-ETS website, the last 3 tenders […] Read more
China To Dominate CSP Revival in Long Term Updated On Mon, Jul 1st, 2019 by Saurenergy Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […] Read more
Vestas Bags Orders Worth 947 MW in the US Updated On Mon, Jul 1st, 2019 by Saurenergy Vestas has received three orders in the US amounting to a total of 947 MW in wind turbine deliveries. Danish wind energy major, Vestas has announced that it has received three orders in the US amounting to a total of 947 MW in wind turbine deliveries. The first order comprises a 95 MW project and […] Read more
Dutch Plan to Cut Emissions by Half and Raise Renewable Capacity by 2030 Updated On Mon, Jul 1st, 2019 by Saurenergy The Netherlands in its new National Climate Agreement is planning to reduce its GHG emissions by half compared to 1990 levels by 2030. According to the country’s latest National Climate Agreement, the Netherlands is planning to reduce its greenhouse gas emissions by half compared to 1990 levels by 2030. The measures to do this are […] Read more
How to Maximise the Benefits of Bifacial PV Modules Updated On Sat, Jun 29th, 2019 by Saurenergy Bifacial PV modules provide many advantages over traditional PV panels. The International Technology Roadmap for Photovoltaic (ITRPV) predicts an upward trend for the shares of bifacial solar modules in the global PV market in the next decade, i.e. 10% in 2019 and more than 35% in 2028. It is widely believed that bifacial PV modules […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
