Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project Updated On Thu, Oct 29th, 2020 by Saurenergy Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the fate of the 28MW already built, or the power generated there, or even the […] Read more
Neoen Completes Financing of Largest Solar Farm in Australia Updated On Tue, Oct 27th, 2020 by Saurenergy Neoen has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm in Queensland which will be the largest solar farm in Australia Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm […] Read more
EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia Updated On Mon, Oct 26th, 2020 by Saurenergy EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the world’s largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric […] Read more
Andhra Govt has Plans in Place to fit Electric Batteries in Autos Updated On Fri, Oct 23rd, 2020 by Saurenergy The Andhra government is mulling replacing existing IC engines in autos with electric batteries in a move aimed at lowering pollution levels in the major cities. The Andhra Pradesh government is mulling replacing existing internal combustion (IC) engines in auto-rickshaws (autos) plying in the key districts of the state with electric batteries in a move aimed at […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects Updated On Fri, Oct 23rd, 2020 by Saurenergy SECI has issued the RfS document for setting up of combined 1200 MW wind-solar ISTS-connected hybrid power projects anywhere in India (Tranche – III). The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of project developers for setting up of combined 1200 MW wind-solar ISTS-connected hybrid […] Read more
MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power Updated On Thu, Oct 22nd, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
