Corporations Bought Record Amount of Clean Energy in 2019: BNEF Updated On Wed, Jan 29th, 2020 by Saurenergy Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] 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
Tata Motors Eyeing Leadership Position in EV Segment Updated On Mon, Jan 27th, 2020 by Saurenergy Tata Motors aims to establish itself as the leader in the EV segment in the country as it looks to roll out new products for both private and fleet segments Tata Motors aims to establish itself as the leader in the electric vehicle (EV) segment in the country as it looks to roll out new products for both private and […] Read more
ITI Limited to Invest Rs 150 Cr to Boost Solar Panel Capacity Updated On Mon, Jan 27th, 2020 by Saurenergy ITI Limited has announced its plans to invest around Rs 150 crore to scale up its solar panel manufacturing capacity to 90 MW in the next fiscal. Public sector electronics and telecom equipment manufacturer ITI Limited has announced its plans to invest around Rs 150 crore to scale up its solar panel manufacturing capacity to 90 MW in […] Read more
Siemens, AT&T, Amazon, IKEA Join New Alliance to Accelerate EV Transition Updated On Sat, Jan 25th, 2020 by Saurenergy Major companies continue to join the new corporate electric vehicle (EV) alliance, led by sustainability nonprofit organization Ceres, formed to help companies accelerate the transition to e-vehicles. The member companies of the alliance include Amazon, AT&T, Clif Bar, Consumers Energy, DHL, Direct Energy, Genentech, IKEA North America, LeasePlan, Lime, and Siemens. These member companies operate some of the largest fleets in the US. Among them, few […] Read more
Capital Dynamics, 8minute Partner on 400 MW Solar & Storage Centre Updated On Thu, Jan 23rd, 2020 by Saurenergy Capital Dynamics and 8minute Solar Energy have partnered through equity financing and acquisition of the 400 MW Eland Solar & Storage Center in California. Capital Dynamics, an independent global private asset management firm has announced that its Clean Energy Infrastructure (CEI) business has entered into a development partnership with 8minute Solar Energy through the equity […] Read more
MERC Extends Commissioning Deadline for 75.6 MW Wind Project Updated On Thu, Jan 23rd, 2020 by Saurenergy MERC has ordered MSEDCL to extend the Financial Closure and Scheduled Commercial Operation Date for Clean Wind Power’s 75.6 MW wind energy project The Maharashtra Electricity Regulatory Commission (MERC) has in its latest notification ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to extend the Financial Closure (FC) and Scheduled Commercial Operation Date (SCOD) for […] Read more
Huaneng Dongfang Power Plant: Intelligent for Three Years, Still Going Strong Updated On Mon, Jan 20th, 2020 by Saurenergy Three years ago, the Huaneng Company and Huawei jointly digitalized the Dongfang Power Plant. As the first PV project to be digitalized, it is worth looking back to see how the new technology has bolstered performance. 20% Higher Energy Yield The project was initiated on June 30, 2016 for grid-tied power generation. It adopted the […] Read more
