Financing Global Energy Transformation Through Green Bonds: IRENA Updated On Thu, Mar 5th, 2020 by Saurenergy IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […] Read more
LONGi Rated With Highest Altman-Z Score by BloombergNEF Updated On Wed, Mar 4th, 2020 by Saurenergy LONGi has been rated with the highest Altman Z score of all the publicly quoted pure-play solar manufacturers by BloombergNEF In February, BloombergNEF, a leading provider of global PV business dynamics and financial information had released the “1Q 2020 Global PV Market Outlook”. LONGi, which is one of the world’s leading solar module manufacturer, was […] Read more
CERC Approves Tariff of Rs 2.79/kWh for 480 MW Wind Power Updated On Mon, Mar 2nd, 2020 by Saurenergy CERC has approved the petition filed by SECI for the adoption of tariff for 480 MW wind power projects (Tranche-VII) through a competitive bidding process. The Central Electricity Regulatory Commission (CERC) has in its latest order approved the petition filed by the Solar Energy Corporation of India (SECI) for the adoption of tariff for 480 […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
Singapore-based Vena Energy Issues $325 Mn Green Bond Updated On Mon, Mar 2nd, 2020 by Saurenergy Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […] Read more
Discoms’ Dues to Power Gencos Rises 50% to Rs 88,177 Cr in December Updated On Mon, Feb 17th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year, reflecting stress in the sector. Discoms owed […] Read more
SECI Reissues NIT for 1200 MW Wind Power Projects (Tranche-IX) Updated On Fri, Feb 14th, 2020 by Saurenergy SECI has issued a new NIT for procurement of wind power through an RfS for setting up of 1200 MW Wind Power Projects in India The Solar Energy Corporation of India (SECI) has issued a new notice inviting tender (NIT) for procurement of wind power through a Request for Selection (RfS) document for setting up […] Read more
Policy Certainty Will Increase Renewable Investment in India: IEEFA Updated On Fri, Feb 14th, 2020 by Saurenergy Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […] Read more
Orix Corporation to Issue its First Green Bond in Japan Updated On Tue, Jan 28th, 2020 by Saurenergy The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. Green bonds are bonds issued by companies to finance green projects (such as […] Read more
