KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
National Hydrogen Energy Mission Document to be Finalised This Month Updated On Wed, Feb 10th, 2021 by Saurenergy The draft National Hydrogen Mission document has already gone through the consultation process and is expected to be finalised in February 2021 In the Budget Speech 2021-22, Finance Minister Nirmala Sitharaman proposed to launch a National Hydrogen Mission for generating hydrogen from green power sources. The ministry has now announced that the draft mission document […] Read more
India to see Largest Increase in Energy Demand in the World by 2040: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy India is set to experience the largest increase in energy demand of any country over the next 20 years as its economy continues to develop India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path […] Read more
Leyline Partners With Momentum to Invest in Growing Energy Storage Market Updated On Mon, Feb 8th, 2021 by Saurenergy Leyline Renewable Capital, a leading provider of pre-construction debt and equity capital for renewable energy development, announced a new partnership with Momentum Energy Storage Partners, an energy storage developer based in Columbus, Ohio. Leyline’s funding will facilitate the development of numerous renewable energy projects across the United States, including existing endeavours underway within the Pennsylvania, Jersey and Maryland Power Pool (PJM) […] Read more
U.S. Navy Partners with Ameresco for $173 Million Cleantech Energy Project Updated On Mon, Feb 8th, 2021 by Saurenergy Ameresco to implement advanced energy solutions that will maximize reliability and resiliency at Virginia naval shipyard Ameresco, Inc., (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced that the U.S. Navy and the Ameresco Federal Solutions team are breaking ground to expand on-site generation, strengthen reliability, and enhance resiliency at Norfolk Naval […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
Adani Green Energy Added 700 MW to Operational Capacity in YTD FY21 Updated On Thu, Feb 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), a part of the Adani Group, has announced the financial results for the financial period ended December 31, 2020. The firm has reported that continuing on its rapid capacity building despite the ongoing pandemic, it added 700 MW to its operational capacity in YTD FY21 with commissioning of 475 MW […] Read more
Continuum Wind Energy Raises USD 560 Million In Green Bond Sale Updated On Wed, Feb 3rd, 2021 by Saurenergy Continuum Wind Energy, a Morgan Stanley-controlled company is in international markets with a USD 560 million dollar-denominated green bond issue, according to two merchant banking sources. Continuum Green Energy is an India focused renewable energy group founded in June 2009. It has a current portfolio of about 2 GW out of which 757.4 MW are […] Read more
Energy Transformation in Southern Africa Boosted by IRENA & SACREEE Agreement Updated On Wed, Feb 3rd, 2021 by Saurenergy The two organisations will work on building regional capacity and attracting sustainable energy investments The International Renewable Energy Agency (IRENA) and the Southern African Development Community’s (SADC) Centre for Renewable Energy and Energy Efficiency (SACREEE) signed a Memorandum of Understanding (MoU), to work together on accelerating the deployment renewable energy solutions, including decentralised technologies, in […] Read more
