Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
NHPC Seeking Consultants for DPR of 100 MW Floating Solar Projects in Odisha Updated On Fri, Sep 11th, 2020 by Saurenergy NHPC has issued a tender for the hiring of consultants for the preparation of DPR of Floating Solar Projects of 100 MW capacity in Rengali Reservoir in Odisha. NHPC has issued a tender for hiring of consultants for the technical assistance and preparation of DPR of Floating Solar Projects of 100 MW capacity in Rengali […] Read more
8minute Signs PPA for 400 MW Solar Plus 540 MWh Storage With CPA Updated On Fri, Sep 11th, 2020 by Saurenergy 8minute Solar Energy has executed a 15-year PPA with CPA for the 400 MW (300 MWac) Rexford 1 Solar and Storage Center in Tulare County 8minute Solar Energy has announced that the company has executed a 15-year power purchase agreement (PPA) with Clean Power Alliance (CPA). The 400 MW(300 MWac) Rexford 1 Solar and Storage Center […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
BP Takes 50% Stake in two Offshore Wind Projects of Equinor for $1.1 Bn Updated On Fri, Sep 11th, 2020 by Saurenergy Equinor has entered into an agreement with BP to sell 50% interest in two offshore wind assets on the US east coast at a reported USD 1.1 billion value Equinor has announced that it has entered into an agreement with BP to sell 50 percent non-operated interests in the Empire Wind and Beacon Wind assets […] Read more
ISA to be Implementing Agency for ‘One Sun One World One Grid’ Initiative Updated On Fri, Sep 11th, 2020 by Saurenergy It has now been decided that the ISA will be the implementing agency for carrying out all the activities of the ‘One Sun One World One Grid’ initiative. The Ministry of New and Renewable Energy (MNRE) has announced that regarding its Request for Proposals (RfP) for developing a Long Term Vision, Implementation Plan, Road Map […] Read more
Researchers at IIT Madras Develop Feasible Alternatives to Li-ion Batteries Updated On Fri, Sep 11th, 2020 by Saurenergy A team of researchers at IIT Madras has made significant advances in developing alternatives to conventional Li-ion batteries for industrial usage. The Indian Institute of Technology Madras (IIT-M) has announced that a team of researchers has made significant advances in developing alternatives to conventional lithium-ion (Li-ion) and lead-acid batteries for industrial usage. Such advances are crucial as India is aiming to achieve 40 […] Read more
BayWa Expands its Solar & Storage Portfolio With Enable Energy Acquisition Updated On Fri, Sep 11th, 2020 by Saurenergy BayWa r.e. has acquired Enable Energy, a U.S.-based C&I solar and energy storage solutions provider with extensive skills in EPC and O&M support. Global renewable energy developer, service provider and distributor BayWa r.e. has announced that it has acquired Enable Energy Inc. (EEI), a U.S.-based commercial and industrial (C&I) solar and energy storage solutions provider […] Read more
