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Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways

Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […]

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Tata Power Solar Systems Bags 300 MW Solar Project for NLCIL for Rs 1,755 crore

Tata Power’s wholly-owned subsidiary, Tata Power Solar Systems Limited, has received the Letter of Award (LoA) of ₹1,755 crore. This is towards the establishment of a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly known as Neyveli Lignite Corporation Limited, as part of the CPSU scheme.   Tata Power […]

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“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL

Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […]

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Iberdrola to Supply Over 1 TWh Renewable Power to Amazon

In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […]

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ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023

Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […]

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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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We want to expand solar panel manufacturing capacity to 1.2 GW, cell manufacturing to 500 MW: Manish Gupta, Insolation Energy

Jaipur-based solar panel manufacturing firm, Insolation Energy Ltd (INA Solar) has secured an ECB (External Commercial Borrowing) for USD 2.5 million. The Founder & Chairman of Insolation Energy, Manish Gupta, tells Saur Energy how the funding will give an impetus to the firm. Tell us about the USD 2.5 million subsidised funding that Insolation Energy […]

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We are exploring USA, Europe and Africa markets for exports too: Hiten Parekh, CBO, Navitas Solar

Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh’s professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. His perseverance in the solar industry, has earned Parekh the reputation of top […]

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Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas

Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […]

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