Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone Updated On Fri, Jun 25th, 2021 by Saurenergy Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
US Moves To Sanction Chinese Solar Firms, Implications for India Updated On Thu, Jun 24th, 2021 by Saurenergy Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […] Read more
Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production Updated On Wed, Jun 23rd, 2021 by Saurenergy US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […] Read more
Wind must solve Data Access Issues to compete with Fossil: ONYX Insight Updated On Tue, Jun 22nd, 2021 by Saurenergy For the wind energy sector to become truly competitive and maximise its contribution to the energy transition, it needs to get better at sharing operational data, finds a report by ONYX Insight – a leading provider of predictive data analytics and engineering expertise to the global wind industry. According to the report, the wind energy sector […] Read more
Australia Pulls Back On $36 Billion Renewable and Hydrogen Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the decision in a release published on Australia‘s environment department’s […] Read more
“Policymakers Must Incentivise States to Phase Out Old Thermal Plants and Adopt RE to Replace Them,” – Anand Desai, Managing Director, Anupam Rasayan Updated On Mon, Jun 21st, 2021 by Saurenergy Gujarat-headquartered chemical manufacturing company Anupam Rasayan announced last month that it had invested Rs 43 crore to set up a 12.5 MW captive solar power plant to help the company rationalise energy costs through an estimated saving of around Rs 10 crore per annum for the next 25 years. The firm, which has completed a […] Read more
The Place of Renewables in India’s Future Power Grid Updated On Fri, Jun 18th, 2021 by Saurenergy Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […] Read more
Policy, Finance & Grid Vital to Achieve India’s Ambitious Climate Goals Updated On Fri, Jun 18th, 2021 by Saurenergy With a global effort towards a transition to clean energy already underway, India has set ambitious targets for itself — 450 GW renewables capacity to be created by 2030. Despite the country’s many achievements in the last 5 years in the renewables sector, which have resulted in its having the world’s 5th largest solar and […] Read more
