Ørsted Commences Construction of its Largest Onshore Project Updated On Tue, Mar 30th, 2021 by Saurenergy Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
Problem of Solar Plenty in Australia As Regulator Considers Two Way Pricing Updated On Fri, Mar 26th, 2021 by Saurenergy Australia, where rooftop solar PV has been a huge success, with rooftop solar nudging past the 13 GW mark earlier this year, faces a touch new choice on keeping the momentum up. The Australian Energy Market Commission (AEMC), in a draft paper, has proposed offering two-way pricing to address the issue of network congestion on […] Read more
India Should Double Down on Renewable to Achieve Energy Targets 2030: Study Updated On Wed, Mar 24th, 2021 by Saurenergy India should double down on renewables to achieve its aggressive renewable energy targets in India’s electricity grid in 2030, according to a recent study by the researchers at UC Santa Barbara. The study analyzes electricity and carbon reduction costs linked with India’s energy targets in the electricity grid in 2030 and discovers that the majority […] Read more
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 Receives LOA for 300 MW Wind Project From SECI Updated On Mon, Mar 22nd, 2021 by Saurenergy AREHFL, a subsidiary of Adani Green Energy, has received the LOA to set-up a 300 MW wind project under SECI’s 1200 MW (Tr-X) tender. AREHFL, a subsidiary of Adani Green Energy (AGEL), had participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected wind power projects […] Read more
Rs 30,000 Crore Solar, Wind Plus Pump Storage Project to Come up in Rajasthan Updated On Thu, Mar 18th, 2021 by Saurenergy Rajasthan is all set to develop a Rs 30,000 crore hybrid project with 4.5 GW of wind & solar assets and a 2520 MW pump hydro storage project A leader in renewable energy potential and uptake, the state of Rajasthan is all set to develop a new Rs 30,000 crore hybrid clean energy project that […] Read more
EESL Report Reinforces the Objectives of India Cooling Action Plan Updated On Wed, Mar 17th, 2021 by Saurenergy Energy Efficiency Services Limited, (EESL), a joint venture under the Ministry of Power, Government of India, with support from Global Environment Facility (GEF) and UN Environment Programme (UNEP) launched a market assessment study for Super- Efficient ACs. A report on District Cooling Potential in India was also launched in collaboration with UNEP, GEF, District Energy […] Read more
Adani Greens Kamuthi Project Turns Water Positive, Signals The Future for Large Projects Updated On Fri, Mar 12th, 2021 by Saurenergy The announcement of the groups most prestigious and early large project turning water positive will set a benchmark for almost all future projects to follow Adani Green Energy’s 648 megawatt Kamuthi Solar plant in Tamil Nadu, has been declared the first of its scale to be water positive. The announcement is a welcome step by […] Read more
