BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Adani Green Energy to Acquire 75 MW Solar Assets of Sterling and Wilson for Rs 446 Cr Updated On Wed, Mar 24th, 2021 by Saurenergy Adani Green Energy has signed an agreement to acquire 100 percent stake in two SPVs holding 75 MW operating solar assets of Sterling & Wilson Adani Green Energy Limited (AGEL), one of the largest renewable energy companies in India, has announced that it has signed a share purchase agreement for the acquisition of a 100 […] Read more
EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France Updated On Wed, Mar 24th, 2021 by Saurenergy EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […] Read more
Scatec Targeting 15 GW Renewable Capacity by 2025 Updated On Tue, Mar 23rd, 2021 by Saurenergy At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12 […] Read more
H24US Drives the Science of Hydrogen Separation Updated On Tue, Mar 23rd, 2021 by Saurenergy H24US has announced that its advanced polymer membrane technology has the best-known observed performance in selecting hydrogen (selectivity) from other gases with very high throughput (permeability) indicating that this technology is one of the current leaders in this field. This outstanding performance was contrasted to other membranes via direct comparison of published data in an […] Read more
POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Updated On Tue, Mar 23rd, 2021 by Saurenergy BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
Solex Energy Ltd is the 2nd Most Trustworthy Solar EPC Company Updated On Tue, Mar 23rd, 2021 by Saurenergy As per the a survey conducted by USAID, GERMI and CII in the month of October-Novermber-2020 spread over a period of two months, Solex Energy Ltd has come out in flying colour and stood 2nd in the Solar EPC works in its PV installations across Gujarat securing 69.9 marks out of 100. Gujarat Energy Research […] Read more
