Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
India, China To See Major Rise of Power Generation Emissions By 2024: IEA Updated On Wed, Jul 19th, 2023 by Saurenergy The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more
Chargeup Introduces Solar Battery Swap Station in Jaipur Updated On Wed, Jul 19th, 2023 by Saurenergy Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […] Read more
MAHAPREIT Issues Tender for 100 MW Distributed Solar Park Updated On Wed, Jul 19th, 2023 by Saurenergy Mahatma Phule Renewable Energy And Infrastructure Technology Limited (MAHAPREIT) has invited bids to obtain offers from solar power developers for design, engineering, supply, erection, testing, and commissioning of distributed solar project (2 MW to 10 MW capacity). The tender is for the solar park project in Maharashtra with a cumulative capacity of 100 MW on […] Read more
THDC Issues EoI for Empanelment of Consultants for Land Acquisition for 2 GW RE Parks Updated On Tue, Jul 18th, 2023 by Saurenergy THDC INDIA Limited has invited Expression of Interest (EOI) for empanelment of consultants for its subsidiary ‘TREDCO Rajasthan Limited’ for acquisition of land for the development of 2000 MW Ultra Mega Renewable Energy Power Parks (UMREPPs). These will be established in Rajasthan under MNRE’s Solar Park Scheme. The EOI opens on August 11, 2023. The […] Read more
Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
Cleantech Solar Commissions 3 MW Rooftop Solar in Malaysia Updated On Mon, Jul 17th, 2023 by Saurenergy Cleantech Solar has revealed that it has commissioned a 3.4 MWp rooftop solar PV system. The project was undertaken for the manufacturing unit of Japanese firm Konica Minolta Business Technologies (Malaysia) Sdn. Bhd. in Malacca, Malaysia. The PPA signed between the two firms will pave the path for Cleantech Solar to supply turnkey finance, design, […] Read more
