Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
Sunnova Closes Sixth Residential Solar Loan Securitization Updated On Mon, Jun 22nd, 2020 by Saurenergy Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […] Read more
NITI Aayog, ITF to Launch ‘Decarbonising Transport in India’ Project to Trim Carbon Emissions Updated On Mon, Jun 22nd, 2020 by Saurenergy Policy think tank NITI Aayog and International Transport Forum (ITF) will jointly launch “Decarbonising Transport in India” project on June 24, 2020, in order to develop a path for a low-carbon transport system for the country. Since 2008, India has been a member of ITF, an intergovernmental organisation for transport policy. Moreover, the public online launch […] Read more
Enphase, ProSolar Upgrades Commercial Solar Plant at Bluebeard’s Castle Resort Updated On Mon, Jun 22nd, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, on Monday, said that a solar EPC company in the US, ProSolar Systems, has used its 7th-generation microinverters to restore and upgrade the commercial solar plant installed at the historic Bluebeard’s Castle resort in St. Thomas, US Virgin Islands. Initially, this solar plant was commissioned in January 2014 with […] Read more
Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown Updated On Mon, Jun 22nd, 2020 by Saurenergy With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […] Read more
Funding For Renewable Energy Software Development- Clir Raises C $1.7M Updated On Mon, Jun 22nd, 2020 by Saurenergy Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […] Read more
Floating Solar On Fast Lane With Start of Work On 100 MW NTPC Ramagundam Project Updated On Mon, Jun 22nd, 2020 by Saurenergy With Work finally starting on NTPC Ramagundam’s Floating solar project, with a planned capacity of 100 MW, floating solar is back in focus. The Ramagundam project is being built on the balance reservoir of NTPC’s Ramagundam Super Thermal Power Station, with a nameplate capacity of 2600 MW itself. The reservoir itself gets its water from […] Read more
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
