A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
Infigen Nudges Shareholders to Accept $864 mn Takeover bid From Iberdrola Updated On Tue, Jun 30th, 2020 by Saurenergy The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The recommendation came after Iberdrola waived conditions for its […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
Rajnath Singh Launches NOC Issuance Portal for Power Projects Updated On Mon, Jun 29th, 2020 by Saurenergy Raksha Mantri Rajnath Singh on Monday has launched a new online application portal for the issuance of No Objection Certificate (NOC) for power projects and Research Survey Exploration Exploitation (RSEE) activities in the Indian Territorial Waters (TW) and Exclusive Economic Zone (EEZ). The move came as the government wants to ensure ease of business and […] Read more
SECI Extends Deadline for 14 MW Solar Project with Linked Storage in Ladakh Updated On Mon, Jun 29th, 2020 by Saurenergy State-owned SECI has extended the bid submission deadline for its tender to set up 14 MW solar photovoltaic (PV) plants with linked storage in Ladakh. Previously, the nodal agency had issued a Request for Selection (RfS) for setting up of 14 MW solar power plants with 42 MWh battery energy storage systems (BESS) (7 MW […] Read more
Can Repowering Deliver 10 GW of Wind Energy for India? Updated On Mon, Jun 29th, 2020 by Saurenergy A wind energy deal late last week has provided food for thought to policy makers in India too. A collective, or cooperative of close to 200 farmers in the Netherlands have managed to get funding to build one of the largest onshore wind farms in the country. the money will be used to replace over […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
NTPC PAT Drops 70% to Rs 1,524 Cr in Q4 on Higher Tax Provisioning Updated On Sat, Jun 27th, 2020 by Saurenergy State-run power giant NTPC has reported a drop of more than 70 per cent in its consolidated net profit after tax (PAT) at Rs 1,523.77 crore during the January-March quarter mainly on account of higher tax provision under the ‘Vivad Se Vishwas’ scheme. The consolidated PAT of the company stood at Rs 5,161.39 crore during the corresponding […] Read more
