Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean Updated On Fri, Sep 17th, 2021 by Saurenergy Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […] Read more
ISA Could Be Welcoming the US As Member Soon Updated On Wed, Sep 15th, 2021 by Saurenergy Reports quoting news agency IANS have claimed that the US is likely to join the International Solar Alliance (ISA) at some stage soon. For the ISA, the move, if it happens, will be more than welcome, as the organisation pushes to meet its core objectives of using a solar fuelled energy transition to mitigate emissions […] Read more
Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report Updated On Tue, Sep 14th, 2021 by Saurenergy Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […] Read more
577 MW of Solar Projects Approved For Mumbai By Maharashtra Cabinet Updated On Thu, Sep 9th, 2021 by Saurenergy The Maharashtra state cabinet on September 8 cleared two solar power projects to be set up by Maharashtra State Power Generation Corporation ltd (Mahagenco) for supplying power to capital Mumbai. The two projects, of 187 Megawatt (MW) and 390 MW capacity respectively, are expected to be completed by 2023. Impetus for the approval came from […] Read more
Ola Electric S1 Scooters Sale Begins Today, Starting at Rs 99,999 Updated On Wed, Sep 8th, 2021 by Saurenergy Bangalore-based Ola Electric Mobility is opening the purchase of its electric Ola S1 scooters from today, i.e. September 8, in two variants — S1 and S1 Pro — at Rs 99,999 and Rs 1,29,999, respectively. The two-wheeler manufacturer launched the two new scooters (ex-showroom including FAME II subsidy and excluding state subsidies) last month. Deliveries will […] Read more
Could KUSUM Deliver Crucial GW’s to Solar Target for 2022 Updated On Wed, Sep 8th, 2021 by Saurenergy India’s solar capacity target of 100 GW installations by 2022, which has been hit by multiple blows due to payments, policy, legal and finally the covid hurdle, has been up for speculation for some time now. While some of us observers have been predicting a miss since 2019, others have become more insistent about it […] Read more
6 States to Lead Growth in Indian Renewable Open Access Space: Study Updated On Tue, Sep 7th, 2021 by Saurenergy The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […] Read more
Coal India Tenders For Partners To Build A 4 GW PV Ingot-wafer-cell-module Manufacturing Plant Updated On Tue, Sep 7th, 2021 by Saurenergy State-owned Coal India Limited has invited requests for qualification (RFQ) from prospective equity partners who wish to be shortlisted for setting up 4 GW solar PV ingot-wafer-cell-module manufacturing plant. The move is significant considering all the solar manufacturing in India is focused on cells and modules, besides mounting structures. The complete value chain, from ingots […] Read more
New Aussie Law Aims to Remove Hurdles in Offshore Wind Expansion Updated On Fri, Sep 3rd, 2021 by Saurenergy The Scott Morrison-led conservative government in Australia has introduced a legislation that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential. The long awaited legislation will set up a framework for building, running, maintaining and decommissioning offshore electricity projects including wind […] Read more
