“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
EQT Makes Voluntary Takeover bid for Spanish Solar Developer Solarpack Updated On Fri, Jun 18th, 2021 by Saurenergy A global investment organization, EQT Infrastructure has announced a voluntary takeover bid for 100 percent of the share capital of Solarpack Corporación Tecnológica, S.A, a Getxo-based developer and owner of solar PV plants, mainly active in Spain, Chile, and India. Before the announcement, EQT Infrastructure has signed permanent agreements with the Vendor Shareholders (Beraunberri, S.L., […] Read more
US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation Updated On Fri, Jun 18th, 2021 by Saurenergy The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […] Read more
AP High Court Throws Out 6.4 GW State Solar Auctions Updated On Fri, Jun 18th, 2021 by Saurenergy The Andhra Pradesh High Court declared yesterday that the state government’s 6.4 GW solar project auctions were bad in law, and quashed the request for selection (RfS) and power purchase agreement (PPA) for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […] Read more
ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] Read more
Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2 Updated On Thu, Jun 17th, 2021 by Saurenergy California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […] Read more
WindEurope Calls for Ban on Landfilling Turbine Blades Updated On Thu, Jun 17th, 2021 by Saurenergy European Wind Energy Association, now WindEurope has asked for a Europe-wide landfill ban on decommissioned wind turbine blades by 2025. At the Spanish Wind Energy Association (AEE)’s Annual Congress Giles Dickson, CEO of WindEurope, and Juan Virgilio Márquez, General Director of AEE, yesterday called upon the European Commission to propose a Europe-wide ban on landfilling […] Read more
Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win Updated On Thu, Jun 17th, 2021 by Saurenergy Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […] Read more
HOP Electric Mobility Launches Two New E-Scooters Updated On Wed, Jun 16th, 2021 by Saurenergy A Rajasthan-based HOP Electric Mobility has announced the launch of its two brand new (electric) e-scooters HOP LEO and HOP LYF priced at Rs. 72,500 and Rs. 62,000 onwards, respectively. The electric automobile startup has also announced that soon it will be launching an e-motorbike too. HOP Electric has taken this step while aiming to provide a sustainable and […] Read more
