HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
Capital Dynamics to Develop 9 Battery Storage Systems in California Updated On Thu, Aug 20th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […] Read more
IHCL Signs Solar PPA With Tata Power Subsidiary to Power its Mumbai Hotels Updated On Tue, Aug 18th, 2020 by Saurenergy IHCL has joined hands with Tata Power for the supply of solar energy for its Mumbai hotels to focus on sustainable and cost-efficient business practices. Hospitality major Indian Hotels Company Ltd (IHCL) has announced that it has joined hands with Tata Power for the supply of solar energy for its Mumbai hotels as part of […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
Envision Solar Announces 1st EV ARC Order From Baltimore G&E Updated On Fri, Aug 14th, 2020 by Saurenergy Envision Solar, a leading producer of unique and sustainable infrastructure products for electric vehicle (EV) charging, energy security and outdoor media, announced that Baltimore Gas and Electric (BGE) has ordered its EV ARC product to forward the utility’s innovation and environmental stewardship efforts and to promote off-grid EV charging within its workplaces and corporate offices. […] Read more
SIGECO Issues 2nd RFP Targeting Wind, Solar & Solar + Storage Updated On Thu, Aug 13th, 2020 by Saurenergy CenterPoint Energy’s Indiana-based electric and gas business, SIGECO is opening a new RFP to seek a combination of wind, solar and solar + storage resources CenterPoint Energy has announced that its Indiana-based electric and gas business, Southern Indiana Gas and Electric Co (SIGECO) is opening a new request for proposals (RFP) to seek a combination of wind, […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more
