India’s Top 5 Power Producers And their Renewable Energy Plans Updated On Tue, Aug 4th, 2020 by Saurenergy In the broader developed economies, the push for renewable energy has already gone well past the stage for policy pushes, with many firms and power producers making decisive, long term shifts even as pressure, both public and from the government, still builds up. That is one reason why coal fired plants are shutting down faster […] Read more
Rooftop Solar PV Vendors Empaneled at low rates in Chhattisgarh Updated On Thu, Jul 30th, 2020 by Saurenergy State Price Beats MNRE Benchmark Cost In Chhattisgarh, vendors that provide services related to supply and construction of grid-connected rooftop solar PV projects have bid lower than the central benchmark costs in a empanelment tender for construction of rooftop solar PV projects under Phase-II of the Ministry of New and Renewable Energy (MNRE) rooftop program. […] Read more
Hecate Energy Sells 514 MW Solar Plant to Tokyo Gas America Updated On Thu, Jul 30th, 2020 by Saurenergy Hecate Energy has announced the sale of its 514 MW ac Aktina Solar PV power plant located in Wharton County, Texas, to Tokyo Gas America Hecate Energy (Hecate), one of the largest privately-held independent solar power development companies in the US, has announced the sale of its 514 MW ac Aktina Solar PV power plant […] Read more
NTPC Planning to Raise Rs 1000 Crore via Bonds Updated On Thu, Jul 30th, 2020 by Saurenergy NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […] Read more
100 Percent Carbon Free by 2035. The Democrat Offer For Renewable energy Updated On Mon, Jul 13th, 2020 by Saurenergy Perhaps the least talked about, but most significant promises being talked up as the US presidential elections campaign warms up is the democrat push for 100 percent carbon free power production by 2035. The plan easily overshadows comparable targets for all other countries in the G20, and if implemented with even limited success, cold change […] Read more
Sterling and Wilson Solar Board Pushes for Security From Promoters Updated On Thu, Jul 9th, 2020 by Saurenergy The board of Sterling and Wilson Solar has asked company promoters to provide necessary security in respect of default on the loan installment of Rs 500 crore that was due on June 30. This was communicated by the firm in a release yesterday. The firm, which has been struggling with the issue of its promoters […] Read more
Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL Updated On Sat, Jul 4th, 2020 by Saurenergy Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […] Read more
IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal Updated On Thu, Jul 2nd, 2020 by Saurenergy IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […] Read more
Vivint Solar Closes $300 Mn of new Tax Equity Commitments Updated On Tue, Jun 30th, 2020 by Saurenergy Vivint Solar has secured USD 300 million in new equity financing commitments from two repeat investors to support the growth of its residential solar business. Vivint Solar, a leading full-service residential solar provider, has announced it has secured USD 300 million in new tax equity financing commitments from two repeat investors to support the growth of Vivint […] Read more