L&T Bags Contracts for its Power, Transmission & Distribution Business Updated On Mon, Feb 10th, 2020 by Saurenergy L&T has announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from clients in India and abroad. Larsen and Toubro (L&T) have announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from prestigious clients in India and abroad. In the Philippines, the business has won […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Land, Policies & Payment Delays a few Issues RE Developers Face in India Updated On Fri, Feb 7th, 2020 by Saurenergy Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […] Read more
Govt in Favour of Domestic Solar Manufacturing, Market not so Much Updated On Fri, Feb 7th, 2020 by Saurenergy The government is heavily indulged in promotion of domestic solar manufacturing, however, when it comes to utilisation on projects, imports are still favoured According to information relayed in a recent parliamentary discussion, the central government is heavily indulged in promotion of domestic solar manufacturing as portrayed by all the policy changes and financial incentives being […] Read more
Global Onshore Wind Industry to Reach Maturity in 2020s: Report Updated On Fri, Feb 7th, 2020 by Saurenergy Solar power has emerged as the biggest threat to onshore wind’s dominance and the tools available to the wind sector to combat this challenge are diminishing. Solar power has emerged as the biggest threat to onshore wind‘s dominance in the decarbonisation battle. However, the tools available to the wind sector to combat this challenge are […] Read more
EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey Updated On Fri, Feb 7th, 2020 by Saurenergy EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
TGC Gets Financing for 70 MW New York Community Solar Portfolio Updated On Thu, Feb 6th, 2020 by Saurenergy TGC has closed on $42.8 million in debt financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New York State. True Green Capital Management (TGC), a specialized energy infrastructure asset management firm, today announced that its has closed on USD 42.8 million in debt financing and USD […] Read more
Maldives Invites Applications for 21 MW World Bank Backed Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy Maldives has announced its largest renewables project so far, inviting bidders to submit applications to install 21 MW solar systems on its 6 major islands. The Island nation of Maldives has announced its largest renewable energy project so far, calling interested parties to submit applications for the pre-qualification to install 21 MW grid-tied solar PV […] Read more
