COVID-19 Slowed Down Energy Efficiency Progress in the US: Report Updated On Mon, Dec 21st, 2020 by Saurenergy More US states adopted or advanced new energy-saving targets, but COVID-19 slowed other efficiency efforts, according to the ‘2020 State Energy Efficiency Scorecard’. More US states have adopted or advanced new energy-saving targets and vehicle and appliance rules, but COVID-19 slowed other efficiency efforts, according to the ‘2020 State Energy Efficiency Scorecard’. For the first […] Read more
Focus on Electrification of 3W More as Compared to 4W: TERI Updated On Mon, Dec 21st, 2020 by Saurenergy One of the most significant challenges in the 3W segment is with respect to finances. However, that cost is now coming down to 25-30% in India The Energy and Resources Institute (TERI), with the support of Shakti Sustainable Energy Foundation (SSEF), has released a report on the Roadmap for Electrification of Urban Freight in India. Speaking […] Read more
IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal Updated On Mon, Dec 21st, 2020 by Saurenergy IndiGrid has acquired the 100 MW Indian solar portfolio of Madrid-based Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. India Grid Trust (IndiGrid) has announced in a regulatory filing that it has acquired the 100 MW Indian solar portfolio of Madrid-based developer Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. The KKR-owned Infrastructure […] Read more
NTPC Planning for Renewable InvIT in JV With NIIF Updated On Mon, Dec 21st, 2020 by Saurenergy NTPC is mulling over creating a JV with the central governments’ strategic investment fund NIIF to set up a renewable InvIT. State-owned power giant NTPC Ltd has proposed that it is mulling over creating a joint venture company with the central governments’ strategic investment fund NIIF to set up a renewable infrastructure investment trust (InvIT). As […] Read more
1 MW Integrated RE Project Inaugurated, Foundation for 100 MW Project Laid in Goa Updated On Mon, Dec 21st, 2020 by Saurenergy Goa Power Minister Nilesh Cabral recently inaugurated the first 1 MW “convergence project” in the UT, and further laid the foundation stone for another 100 MW project. Nilesh Cabral, Minister for Power and New & Renewable Energy, Government of Goa, has recently inaugurated the first “convergence project”, which integrates the delivery of clean renewable decentralised […] Read more
Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction Updated On Mon, Dec 21st, 2020 by Saurenergy The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […] Read more
“EEG-Novelle”, New Renewable Energy Law For Germany Updated On Sat, Dec 19th, 2020 by Saurenergy The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […] Read more
Amp Energy Expands Tata Hitachi’s Solar Plant, Largest Distributed RE Project in East India Updated On Fri, Dec 18th, 2020 by Saurenergy Amp Energy has expanded Tata Hitachi’s solar plant to 10.5 MW making it the largest BTM (distributed RE) project in Eastern India. Tata Hitachi, a leading construction machinery provider in India has partnered with Amp Energy to set up an onsite solar power unit at their facility in Kharagpur, West Bengal. This project is a […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
