COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL Updated On Wed, Sep 9th, 2020 by Saurenergy According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […] Read more
EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
WiseEnergy Signs 550 MW Asset Management Contract in India With Actis Updated On Fri, Sep 4th, 2020 by Saurenergy WiseEnergy has formed a partnership in India with Actis to provide comprehensive asset management services for its 550 MWp (400 MW AC) solar portfolio. Solar asset management firm WiseEnergy has announced that it has formed a partnership in India with Actis, one of the largest investors in renewable energy growth markets. The firm has signed […] Read more
Azelio Signs MoU With Atria Power for 65 MW Storage in India Updated On Fri, Sep 4th, 2020 by Saurenergy Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […] Read more
Tata Power to Commission India’s Largest Solar Carport for Tata Motors in Pune Updated On Thu, Sep 3rd, 2020 by Saurenergy Tata Power has signed a PPA with Tata Motors to commission what will become India’s largest solar carport with 6.2 MWp capacity in Pune. Tata Power, India’s largest integrated power utility has announced reaching a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest solar carport. With 6.2 […] Read more
RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore Updated On Thu, Sep 3rd, 2020 by Saurenergy The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
Amp Energy India Appoints Surendra Gupta as Director and CFO Updated On Wed, Sep 2nd, 2020 by Saurenergy Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […] Read more