Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects Updated On Fri, Feb 4th, 2022 by Saurenergy Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […] Read more
Germany’s Evonik Turns Flare Gas From Emissions into Energy Source Updated On Fri, Feb 4th, 2022 by Saurenergy Germany-based specialty chemicals company Evonik Industries has announced its support for cutting CO2 emissions by turning flare gas into a valuable energy source with membranes. By offering its PuraMem® VOC membrane separation technology for flare gas recovery, Evonik seeks to reduce the energy industry’s CO2 emissions and support the World Bank’s “Zero Routine Flaring by […] Read more
SECI pays Rs 4.2 billion for Solar and Wind Procurement for December Month Updated On Fri, Feb 4th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has released a payments of about Rs 490 crores to just solar and wind power generators. This disbursement is meant for the renewable energy procured from the two power sources for the month of December 2021. As far as the total amount released by SECI for the said month […] Read more
Kimberly-Clark India adds 1.7 MW Solar plant Updated On Fri, Feb 4th, 2022 by Saurenergy Even as India has committed to a net zero target by 2070, expectations from corporates is naturally higher, as they are better resourced and agile. The $19.1 billion (FY 2020) Kimberly-Clark Corporation, through its Indian subsidiary, Kimberly-Clark India has a significant presence in the consumer market too, and now, seeks to lead the change when […] Read more
Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus Updated On Fri, Feb 4th, 2022 by Saurenergy Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […] Read more
Senior Analyst Energy Research Updated On Fri, Feb 4th, 2022 by Saurenergy We are looking for an energetic individual to take the responsibility of conducting primary and secondary research to support the development of research and analytical solutions for our clients in the renewable and gas/LNG Industries Responsibilities:- Conduct detailed market study to analyze the latest market trends in the energy sector, with a primary focus on […] Read more
Singareni Collieries Will Install 1,000 MW Solar Power Plants In Telangana Updated On Fri, Feb 4th, 2022 by Saurenergy The renewable quest of Telangana has received a shot in the arm with Singareni Collieries Company Limited (SCCL) – one of the key players in the energy sector in that part of the country – coming up with plans for a massive solar power push. In a fresh development, the company is mulling to establish […] Read more
IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market Updated On Thu, Feb 3rd, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […] Read more
APTEL Favors Solar Developers On Tariff Denial by BERC Updated On Thu, Feb 3rd, 2022 by Saurenergy In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […] Read more
