RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore Updated On Thu, Sep 3rd, 2020 by Saurenergy The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […] Read more
Majority Total Owned SunPower Completes Maxeon Solar Technologies Split Updated On Mon, Aug 31st, 2020 by Saurenergy SunPower, majority-owned by Total, has successfully completed the strategic transaction, announced last Nov, to create two independent public companies SunPower, majority-owned by Total since 2011, has announced that it has successfully completed the strategic transaction, announced last November, to create two independent public companies: SunPower, the leading North American distributed generation company, and Maxeon Solar […] Read more
Inox Wind Drops More Than Rs 160 Crore in Income in June Quarter Updated On Mon, Aug 31st, 2020 by Saurenergy Inox Wind had reported that its total income during the June quarter was Rs 101.90 crore, dropping more than Rs 160 crore YoY from Rs 264.53 crore. Indian wind energy service firm and manufacturer Inox Wind had reported on its financial results for the quarter ended June 30, 2020. The firm had revealed that its […] Read more
The Triple Challenge Dragging Down Solar In India Updated On Fri, Aug 28th, 2020 by Saurenergy On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […] Read more
TERI Makes the Case for Rs 40 Lakh Crore Green Stimulus Updated On Wed, Aug 26th, 2020 by Saurenergy TERI has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in green energy projects over the next 10 years The Energy and Resources Institute (TERI) has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in clean energy projects over […] Read more
Will The Andhra Pradesh Saga Reach Endgame With Central Intervention? Updated On Mon, Aug 24th, 2020 by Saurenergy In a further turn to the ongoing tussle between developers in Andhra Pradesh and the state government there through its discoms, the National Solar Energy Federation of India (NSEFI), the apex body of solar energy developers in the country, has reached out once again to the state’s chief Minister to intervene, and for good measure, […] Read more
HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
HERC Proposes Reverse Auction for Transmission Projects Updated On Fri, Aug 21st, 2020 by Saurenergy HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […] Read more
Need To Make Development Financing Institutions for Infrastructure Development Updated On Mon, Aug 17th, 2020 by Saurenergy The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […] Read more
