Electricity Act Amendments The Big Bang Reforms Solar Sector Needs Updated On Mon, Apr 20th, 2020 by Saurenergy The amendments proposed in the draft Electricity Act (Amendment) Bill 2020 by the power ministry could be the big bang reforms the power sector, and by extension, the renewable energy sector in India, has been waiting for. If these go through without major changes, then some of the biggest roadblocks holding back the proper growth and […] Read more
Decoding The healthy Response to NHPC 2000 MW Solar Tender Updated On Mon, Apr 20th, 2020 by Saurenergy On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […] Read more
sPower Closes on $350 Mn Commitment for 620 MW Solar Project Updated On Mon, Apr 20th, 2020 by Saurenergy sPower has closed on a USD 350 million tax equity commitment for the 620 MW dc Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company has closed on a USD 350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania […] Read more
Solar PV Corporate Funding Expected to Take a hit Updated On Mon, Apr 20th, 2020 by Saurenergy Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
The Next Big Push. MNRE Unveils Moves to Push Manufacturing Updated On Sat, Apr 18th, 2020 by Saurenergy The Renewable energy sector, where private sector involvement has been considered critical to its growth and building further capacities, has got a new push, as far as manufacturing in India goes. This comes on the heels of the many efforts made last year to provide support for domestic manufacturing, fro the DCR (domestic content requirements) […] Read more
Nissan Licenses Lithium-ion Battery Technology to APB Corporation Updated On Fri, Apr 17th, 2020 by Saurenergy Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […] Read more
EDPR Secures PPA for its 200 MW Solar Power Project Updated On Fri, Apr 17th, 2020 by Saurenergy EDPR has announced that it has secured a 15-year PPA with Ammper to sell the energy produced by the 200 MW Los Cuervos solar PV project. EDP Renováveis (EDPR) has announced that it has secured a Power Purchase Agreement (PPA) with Ammper, a leading supplier of energy services, to sell the energy produced by the […] Read more
Reinvest 2020, BCD, Mfg. And More- Highlights from MNRE-USISPF Webinar Updated On Thu, Apr 16th, 2020 by Saurenergy At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops of reassurance, and an insight into the future for renewable energy in India, including manufacturing, as India’s MNRE sees it, with inputs from key industry leaders. You can read an earlier report on on key issues highlighted […] Read more
