Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
MERC Orders SECI to Compensate MSEDCL for Delayed Solar Projects Updated On Thu, Feb 18th, 2021 by Saurenergy MERC has directed SECI to compensate MSEDCL as per a Power Sale Agreement (PSA) signed between the two entities for delayed solar projects. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has directed the Solar Energy Corporation of India (SECI) to compensate Maharashtra State Electricity Distribution Company Limited (MSEDCL) as per a Power […] Read more
4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme Updated On Fri, Feb 12th, 2021 by Saurenergy RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
UNEP, Tata Power and Central Railway Partners to Launch EV Charging Points Updated On Fri, Feb 5th, 2021 by Saurenergy The Central Railway, Mumbai, partners with the UN Environment Programme (UNEP) and Tata Power to launch their novel green initiative to promote e-mobility in Mumbai. The joint venture has announced the installation of charging points for electrical vehicles (EVs) as a part of this initiative. These charging points would be available at all important railway […] Read more
Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac Updated On Fri, Feb 5th, 2021 by Saurenergy Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […] Read more
As EV Costs Drop, States’ Efforts to Ease Barriers Vary Dramatically: Report Updated On Thu, Feb 4th, 2021 by Saurenergy According to a report by ACEEE, there are many states in the United States that have done little to reduce barriers for EV adoption. With transportation now the largest source of US greenhouse gas emissions, several states are taking comprehensive steps to help enable residents and businesses to use and charge electric vehicle (EV), yet […] Read more
NTPC Seeking Developers for 735 MW Solar Projects in Nokh Solar Park Updated On Wed, Feb 3rd, 2021 by Saurenergy NTPC has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. NTPC Ltd has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. The projects will be […] Read more
Continuum Wind Energy Raises USD 560 Million In Green Bond Sale Updated On Wed, Feb 3rd, 2021 by Saurenergy Continuum Wind Energy, a Morgan Stanley-controlled company is in international markets with a USD 560 million dollar-denominated green bond issue, according to two merchant banking sources. Continuum Green Energy is an India focused renewable energy group founded in June 2009. It has a current portfolio of about 2 GW out of which 757.4 MW are […] Read more
