CDPQ Increases Stake, now Majority Stakeholder in Azure Power Updated On Wed, Mar 11th, 2020 by Saurenergy Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […] Read more
GERC Cautioned for Delaying Open Access Regulations by APTEL Updated On Fri, Mar 6th, 2020 by Saurenergy The Indian Captive Power Producer’s Association, which had filed a complaint at APTEL (Appelate Tribunal for Electricity) against the stat regulator in Gujarat, earned a moral victory with the APTEL bench agreeing with them. Their key contention? That the Gujarat power regulator or Gujarat Electricity Regulatory Commission (GERC) had been amiss in its failure […] Read more
Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings Updated On Fri, Mar 6th, 2020 by Saurenergy India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […] Read more
SECI Announces 3 new Tenders for 81 MW Solar Projects in SCCL Updated On Wed, Mar 4th, 2020 by Saurenergy SECI will soon be issuing tender documents for 3 solar projects to be developed at Singareni Collieries Company Limited (SCCL) in Telangana. The Solar Energy Corporation of India (SECI) has announced that it will soon be issuing tender documents for 3 solar power projects to be developed at the Singareni Collieries Company Limited (SCCL) in […] Read more
L&T Bags Transmission and Solar Project Orders in India and Overseas Updated On Tue, Mar 3rd, 2020 by Saurenergy Larsen & Toubro has announced that its power transmission and distribution business of L&T Construction has bagged significant orders in India and overseas. Infrastructure company Larsen & Toubro has announced that its power transmission and distribution business of L&T Construction has bagged significant orders in India and overseas. In Bangladesh, the business has won a turnkey order for design, supply, installation, and […] Read more
Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
Stinging Order at APTEL Embarasses AP Discoms, Andhra Government By Extension Updated On Fri, Feb 28th, 2020 by Saurenergy Adding politics to established policy is not recommended, and the consequences, when that is done, were there for all to see after the APTEL order yesterday (February 27). The case was a much followed one, of the Andhra Pradesh Discoms essentially, versus both the NTPC, as well as three of the key bid winners of […] Read more
Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables Updated On Fri, Feb 28th, 2020 by Saurenergy Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […] Read more
