Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan Updated On Fri, Jan 8th, 2021 by Saurenergy Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […] Read more
Vistra Brings Online its 1200 MWh Battery Storage System in California Updated On Fri, Jan 8th, 2021 by Saurenergy Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […] Read more
DSD Acquires Two-Project, 10 MW Community Solar Portfolio in Lenox, NY Updated On Thu, Jan 7th, 2021 by Saurenergy Distributed Solar Development (DSD) has acquired a two-project, 10 MW community solar portfolio in Lenox, New York. “This acquisition materially increases DSD’s New York Community Solar portfolio, which the company will continue to expand in 2021,” says Jon Morton, Vice President of Acquisitions at DSD. Both projects are ground-mounted and were purchased 75% complete from a […] Read more
Hero Future Energies Appoints Srivatsan Iyer as Global CEO Updated On Wed, Jan 6th, 2021 by Saurenergy Hero Future Energies, the renewable arm of Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Hero Future Energies (HFE), the renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Srivatsan will be taking over from industry veteran Sunil […] Read more
Israel Grants 609 MW in Solar and Storage Capacity in Latest Tender Updated On Tue, Jan 5th, 2021 by Saurenergy The Israel Electricity Authority has published the list of winners in the latest tender awarding 609 MW capacity in solar with storage projects The Israel Electricity Authority has published the list of winners in its latest renewable energy tender round, with multiple bids accepted for the development of a combined 609 MW capacity in solar […] Read more
