As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up Updated On Thu, Jan 30th, 2020 by Saurenergy News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […] Read more
In India, Solar to Edge Ahead of Wind in 2020 Updated On Thu, Jan 30th, 2020 by Saurenergy Wind Energy, which had enjoyed a strong headstart in India, has been falling away, even as Solar catches up. 2020 will probably see total solar capacity overtake wind energy capacity in the country for the first time, ever. Wind Energy, which along with Solar Energy is expected to play a significant role for India to […] Read more
EDF Renewables and SITAC Commission 105 MW Wind Plant in India Updated On Thu, Jan 30th, 2020 by Saurenergy EDF Renewables and its India operations partner the SITAC Group have announced the commissioning of the 105 MW Verdant wind project in India. EDF Renewables and its partner for wind power generation in India, the SITAC Group, have announced the commissioning of the Verdant project, a new wind farm of 105 MW installed capacity in […] Read more
India Needs to Prioritise Rooftop Solar for Achieving 100 GW Target Updated On Thu, Jan 30th, 2020 by Saurenergy India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar target by 2022, a new report has revealed. India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar energy target by 2022, a new report has revealed. Demand aggregation mechanism’ could help accelerate energy efficiency and […] Read more
Tata Motors Nexon EV Debuts in India; Starting Price at Rs 13.99 Lakhs Updated On Tue, Jan 28th, 2020 by Saurenergy Redefining the evolution of electric vehicles (EVs) in India, Tata Motors on Tuesday launched the country’s own electric SUV ‘Nexon EV’ at an introductory price starting from Rs 13.99 lakhs (ex-showroom price at all India). Backed by Tata uniEVerse, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata […] Read more
Okaya to Set Up EV Charging Infra for ATS Buildings Pan-India Updated On Tue, Jan 28th, 2020 by Saurenergy With an aim to join the e-mobility rally of India, real estate developer ATS Homes Pvt Ltd (ATS) has signed a Memorandum of Understanding (MoU) with Okaya Power. As per the MoU signed, Okaya will furnish the premises of ATS on pan-India with it’s an in-house built electrical vehicle (EV) charging infrastructure and solutions. The […] Read more
Boson Robotics Sees Opportunity in India Updated On Sat, Jan 25th, 2020 by Saurenergy One of the biggest challenges in maintaining a solar farm is the issue of cleaning. Keeping the panels clean can make a huge difference to productivity of solar power, especially at utility scale. That has led to the emergence of firms specialising in the job. It wasn’t long though, before a Chinese firm started to […] Read more
Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019 Updated On Fri, Jan 24th, 2020 by Saurenergy Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […] Read more
