Could Renewables Displace Conventional Fuels in Asia in 2020s? Updated On Fri, Feb 7th, 2020 by Saurenergy In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more
Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
Teck and AES Enter Renewable PPA to Power Copper Project Updated On Tue, Feb 4th, 2020 by Saurenergy Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […] Read more
Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
MERC Offers Extension to 9 Wind Generators to Install Special Energy Meters Updated On Mon, Feb 3rd, 2020 by Saurenergy MERC has approved the petition filed by 9 wind energy generators, granting a period of 3 months for installation of individual Special Energy Meters The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by nine renewable (mainly wind) energy generators, granting an extended period of 3 months for completing […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […] Read more
