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
Britishvolt Announces new Partners & Project Director for Gigaplant Updated On Thu, Aug 13th, 2020 by Saurenergy Britishvolt has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Britishvolt, the UK’s foremost investor in battery technologies, has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Macera, who is reporting directly to Britishvolt CEO, Orral Nadjari, leads one of the largest […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Brookfield Renewable to Issue Green Bonds Worth $318.75 Mn Updated On Wed, Aug 12th, 2020 by Saurenergy Brookfield Renewable Partners has agreed to issue USD 318.75 million aggregate principal amount of medium-term notes (green bonds). Brookfield Renewable Partners has announced that it has agreed to issue CDN$ 425 million (USD 318.75 million) aggregate principal amount of medium-term notes (green bonds), Series 14, due August 13, 2050, which will bear interest at a […] Read more