AGEL Completes $3.5 Billion SB Energy Deal, Operational Portfolio at 5.4 GW now Updated On Mon, Oct 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the successfully closure of the deal for the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on 18 May 2021. With this deal, SB Energy India is now a 100% subsidiary of AGEL. Earlier, it was a […] Read more
MNRE Releases Updated ALMM List With 8 New Additions Updated On Fri, Oct 1st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective September 29, 2021, with the certifications valid to September 28, 2023, or two years. Unlike the few number of additions in the last list — three […] Read more
French Firm TotalEnergies Expects RE Expansion in Future Updated On Tue, Sep 28th, 2021 by Saurenergy French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […] Read more
Dupont Signs VPPA With NexEra Energy for 135 MW of Wind Energy Updated On Fri, Sep 24th, 2021 by Saurenergy DuPont (NYSE: DD) announced on September 23 that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont’s Acting on Climate goal of reducing […] Read more
Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025 Updated On Tue, Sep 21st, 2021 by Saurenergy Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […] Read more
Tariff Markdown on Manufacturing Tender. Unfair For Developers? Updated On Tue, Sep 21st, 2021 by Saurenergy Even as SECI continues to provide positive tidings in terms of finally finding buyers for the power from the manufacturing linked solar tender that has been pending since last year, the news of markdowns can’t be good for relevant stakeholders. Readers will recall that these tenders had a tough time finding takers for a long […] Read more
Deputy Manager – Techno Commercial Updated On Mon, Sep 20th, 2021 by Saurenergy Manage sourcing and purchase of the specified spend category, develop and sustain vendor relationships and negotiate best price points, thereby meeting specifications of quality, timelines within the stipulated budgetary requirements. Assist in the review of approved PR (Purchase Requisition) from user department; seek additional information if required from user for correctness & completeness of PR. […] Read more
Manager/Sr Manager – Finance Updated On Mon, Sep 20th, 2021 by Saurenergy Plan complete life cycle of fund raising to financial closure for new or M&A project. Coordinate with Banks, financial Institutions and consultants to arrange syndication of and raise funds from various financial institutions / Banks / lease finance companies. Arrange working capital and term loan from banks and FIs. Prepare techno-commercial feasibility report for the […] Read more
SECI’s 1000 MW PSA Signing with TANGEDCO, Vital Step Forward For Mfg. Linked Tender Winners Updated On Mon, Sep 20th, 2021 by Saurenergy It says something for the dearth of good news we have had in the solar sector, that firms and even government bodies have taken to highlighting every step of the process from planning to tenders to winners to even the signing of PSA’s (power sales agreement) and PPA’s (Power Purchase Agreement) now. The backlog of […] Read more
