Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
New Zealand’s Large Scale Green Hydrogen Project Onboards Partners Updated On Wed, Nov 30th, 2022 by Saurenergy Meridian Energy, a New Zealand-based power company that looks to generate electricity through 100 per cent renewable energy sources, has partnered with Australia’s Woodside Energy which explores, develops, and produces hydrocarbon and hydrocarbon products. The partnership will look at the development of a large-scale hydrogen and ammonia facility. The premises will come up at Southland […] Read more
MNRE Extends Last Date for Draft Policy For 4-GW Offshore Wind Power in Tamil Nadu Updated On Tue, Nov 29th, 2022 by Saurenergy The Central Government has extended the last date for suggestions from the public for the development of offshore wind energy in Tamil Nadu to December 9, 2022 now. The information has been provided by the Ministry of New and Renewable Energy. The MNRE Ministry had released draft tender document for offshore wind on 14th November […] Read more
Indore Municipality To Lead With First Green Municipal Bonds For Solar Plant Updated On Tue, Nov 29th, 2022 by Saurenergy The country’s first local government bond (Retail Municipal Bond) will be offered by a city in India with a solid environmental track record, and the revenues will be used to finance a solar power plant. Indore, which has been impossible to dislodge from the top rank among India’s cleanest cities for the past few years, […] Read more
APTEL Cites Unlawful Process in UP To Restore Bid Prices For Adani Green Energy Updated On Tue, Nov 29th, 2022 by Saurenergy In a judgement that is as much an indictment of almost all the bodies involved in the Uttar Pradesh power sector. the Appellate Tribunal For Electricity (APTEL) has come down heavily on UP New Energy Development Authority (UPNEDA), UP Power Corporation Limited (UPPCL), UP Transmission Company Limited (UPTCL) and the state regulator UPERC. In its […] Read more
Free Solar Power Plant for 800 Houses in Kerala by KSEB Updated On Mon, Nov 28th, 2022 by Saurenergy In an announcement that might set a precedent for other Indian states to follow, the Kerala State Electricity Board (KSEB) will install rooftop solar power plants for 800 homes in Kerala. The breakup of this number will compose of 500 homes for the homeless as per the Life Mission Scheme. The remaining 300 will be […] Read more
Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
HCG Hospital Chain Installs 2.25 MW Solar Power Plant Updated On Mon, Nov 28th, 2022 by Saurenergy Hospitals in India have been recognising the many advantages of installing solar panels, such as curbing electricity bills since healthcare is an energy intensive industry. Among the most recent hospitals to take the solar route is Healthcare Global Enterprises Ltd (HCG), which is among the largest cancer care hospital chains in India. In a bid […] Read more
Voltalia Signs 15-Year Solar Power Supply Contract with Renault Updated On Fri, Nov 25th, 2022 by Saurenergy French renewable energy providing firm, Voltalia, and French automobile manufacturer Renault have entered into a 15-year solar power supply agreement. The agreement will facilitate Renault to make the transition to cleaner energy. 350 megawatts of total capacity, or roughly 500-gigawatt hours of annual production, are covered by the deal. This 15-year commitment is the first-of-its-kind […] Read more
