SUBSCRIBE NEWS LETTER

renewable energy investment

Chiripal Group Bets Big On Solar Manufacturing For Long Term Sustainability

Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, Chiripal Renewables recently founded Grew Energy Pvt Ltd, a company that will produce solar components. With this entry into  the renewable energy industry the group has acknowledged the scale of the opportunity in renewable energy, particularly solar […]

Read more

Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power

India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […]

Read more

Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka

In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG).  Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […]

Read more

NREL Confirms Spike In Solar and Storage Costs In US

The  National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […]

Read more

Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal

Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […]

Read more

AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt

AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects.  The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […]

Read more

India’s Policy Framework For Low-Carbon Electricity Generation

India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […]

Read more

As Solar Spreads Out, Marketing Makes an Entrance

Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […]

Read more

Australia’s Biggest Wind Project to Double in Size for First 2 GW Cluster

Australian States have constantly been ramping up efforts in renewable energy, wind energy included. Now, Queensland, dubbed as the ‘Sunshine State’, has recently revealed its aspirations with regards to what the government has termed as one of the largest wind onshore projects globally. This will entail a new 1 GW project by Acciona, a Spanish […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll