Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
AfDB, CIF and CGC to Develop Green Financing Instruments for Africa Updated On Tue, Oct 15th, 2019 by Saurenergy AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […] Read more
EESL, NIIF Partner for Smart Meters Deployment Across India Updated On Thu, Oct 10th, 2019 by Saurenergy EESL and NIIF have announced a new JV, IntelliSmart Infrastructure to implement, finance and operate the smart meters roll-out program of Discoms in India. Energy Efficiency Services Limited (EESL) and National Investment and Infrastructure Fund (NIIF) have announced a new Joint Venture, IntelliSmart Infrastructure Private Limited, to implement, finance and operate the smart meters roll-out […] Read more
Sungrow to Supply Storage Systems for Solar Plus Storage Project in US Updated On Wed, Oct 9th, 2019 by Saurenergy Sungrow has signed a contract to supply its fully integrated Energy Storage System (ESS) for a solar plus storage project in the US. Sungrow, the global leading inverter solution supplier for renewables, has announced that it has signed a contract to supply its fully integrated Energy Storage System (ESS) ST4200KWh-2000 to a 15MW/32MWh project in Massachusetts, […] Read more
IREDA Gets Approval for IPO. Will it be Second Time Lucky? Updated On Wed, Oct 9th, 2019 by Saurenergy The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The final regulatory approval clears the way to the much awaited initial public offering (IPO) for the state owned firm. While the firm had last targeted […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
RK Singh Okays Amendments in EV Charging Guidelines to Ease Concerns Updated On Sat, Oct 5th, 2019 by Saurenergy BEE has been nominated by the power ministry as the Central Nodal Agency to facilitate the installation of charging infrastructure. In order to provide much-awaited relief to the electric vehicle (EV) owners in the country, Power Minister RK Singh has provided his consent for needed amendments in the EV charging guidelines and specifications. The Ministry […] Read more
ADB Grants $37 Mn for Southeast Asia’s Largest Floating Solar Project Updated On Thu, Oct 3rd, 2019 by Saurenergy ADB has signed an agreement with DHD for the installation of a 47.5 MW floating solar facility which will be the largest such installation in Southeast Asia. The Asian Development Bank (ADB) has signed a USD 37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power (DHD) to finance the installation of a 47.5 […] Read more
