AGEL Unveils Cash Backed Plan For Redeeming $750 Million Debt Updated On Mon, Jan 29th, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has announced the redemption plan for the USD 750 million 4.375 notes due 09 September 2024 (Holdco Notes). The outstanding amounts of the Holdco Notes shall be fully secured through cash balances set aside as part of various reserve accounts securing the Holdco Notes, eight months prior to the maturity. […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
The 2023 Playback- What Our Most Read Stories Tell Us Updated On Tue, Jan 2nd, 2024 by Saurenergy As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […] Read more
Global Inverter Leader Sungrow Hits 20GW Shipment in India Updated On Fri, Nov 17th, 2023 by Saurenergy Sungrow, the global leading PV inverter and energy storage system supplier, reached a significant milestone in India, having shipped a cumulative total of 20GW of photovoltaic inverters in the region. Sungrow’s 20 GW milestone highlights Sungrow’s position as a leading provider of clean energy solutions in India, and one of the few ones with a […] Read more
CERC Approves Trading Margin of Rs.0.07/kWh in SECI’s PSAs with Distribution Firms Updated On Tue, Nov 7th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI), in its petition, had asked the CERC for the approval of the trading margin of Rs.0.07/kWh agreed to by the distribution companies (Brihanmumbai Electric Supply and Transport; Tripura State Electricity Corporation) in the Power Supply Agreements signed for capacities of 334 MW and 100 MW respectively. The CERC […] Read more
Wind Turbine Manufacturer Senvion Adds 121.5 MW Order to Portfolio Updated On Fri, Oct 13th, 2023 by Saurenergy Senvion Wind Technology Pvt. Ltd. (Senvion India), a manufacturer of wind turbines, has bagged an order by Independent Power Producer O2 Power Pvt. Ltd for its 2.7 MW M130 turbines. The order stands at a total of 121.5 MW. The scope of the project entails supply, installation, and commissioning, with a total of 45 machines […] Read more
ReNew Q1 Fy24 Results- Profits, No. 1 Renewable Developer Crown Back Updated On Sat, Aug 19th, 2023 by Saurenergy Gurugram based, NASDAQ listed ReNew Energy Global Plc, which now calls itself a leading decarbonization solutions company, has announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023. Operating Highlights: As of June 30, 2023, the Company’s portfolio consisted of 13.7 GWs, a 6.3% increase year on year, of which […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
Amplus Solar Signs $3.2 Million Deal with AirTouch for Robotic Cleaning Updated On Mon, Jul 10th, 2023 by Saurenergy Amplus Solar, a distributed energy firm that provides low-carbon clean energy solutions to commercial and industrial customers, has entered into an agreement with AirTouch Solar. The deal is valued at $3.2 million. AirTouch Solar is an Israel-based firm that offers water-free, robotic cleaning system for solar panels. The agreement will pave the way for AirTouch […] Read more
