Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s Updated On Wed, Mar 10th, 2021 by Saurenergy Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […] Read more
Solar the Star For Attracting Investments in India’s Energy Sector Updated On Tue, Mar 9th, 2021 by Saurenergy By Vishal Yadav A suitable geographic terrain, supportive Government policies, future energy demand, and environmental concerns have placed growth as well as momentum behind solar energy in India. Rising population, an emerging economy with exponential growth ambitions, and urbanization are some factors contributing to India’s increasing energy demand. According to a report by the International […] Read more
Canadian Solar Completes 61 MWp Solar Portfolio Sale in Japan Updated On Tue, Mar 9th, 2021 by Saurenergy Canadian Solar Inc. announced today that it has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund for JPY 30.6 billion (approximately US$283 million). To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over JPY 18 billion (US$166 […] Read more
University of Birmingham Teams up with ARAI on Transport Research Updated On Tue, Mar 9th, 2021 by Saurenergy The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi Updated On Sat, Mar 6th, 2021 by Saurenergy Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […] Read more
Renewable Energy Integration is India’s Next Big Challenge: IEEFA Updated On Fri, Mar 5th, 2021 by Saurenergy According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […] Read more
India Inc Finally Moving To Combat Climate Impact, Says CDP India Report Updated On Fri, Mar 5th, 2021 by Saurenergy CDP India has released a report entitled ‘BUILDING BACK GREENER: India Inc. Demonstrates Climate Resilience’ recently, which says that the imminent climate emergency is already manifesting itself through extreme weather events across the world. CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their […] Read more
Waaree Subsidiary Sangam Renewables Commissions 16 MW Solar Plant Updated On Fri, Mar 5th, 2021 by Saurenergy Sangam Renewables, a publicly listed subsidiary of Waaree Energies, has announced on March 4 that it has commissioned a 16 megawatt (MW) solar project in Gavhankund, Maharashtra. The project has been commissioned through subsidiary Waacox Energy Private Limited, Sangam Renewables said in an exchange filing. “Waacox Energy Private Limited, a material subsidiary, of the company […] Read more