Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai Updated On Mon, Jan 13th, 2020 by Saurenergy The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […] Read more
ADFD Approves Record $105 mn Funding for 8 RE Projects Updated On Mon, Jan 13th, 2020 by Saurenergy ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […] Read more
MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender Updated On Fri, Jan 10th, 2020 by Saurenergy MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […] Read more
Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF Updated On Fri, Jan 10th, 2020 by Saurenergy A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […] Read more
Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan Updated On Fri, Jan 10th, 2020 by Saurenergy Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […] Read more
UPERC Decides To Wait For Project Commencement on Amplus Plea Updated On Fri, Jan 10th, 2020 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission, in an order on January 7, has dismissed a petition by Amplus Green to consider its 50 Mw Mirzapur solar project installation as a captive project, asking the firm to file its plea after project completion instead. The order came even as Amplus Greens Private Limited has reached an […] Read more
Everon & Arcadia Partner to Drive Clean Charging for EVs Updated On Fri, Jan 10th, 2020 by Saurenergy Everon has announced its partnership with Arcadia to launch new solutions that will make it easier for all drivers of EVs in the US to charge sustainably. Everon, a global EV charging platform, announced its partnership with Arcadia (previously Arcadia Power), the only nationwide US technology company focused on clean consumer energy. At a time […] Read more
Capital Dynamics and 8minute to Collaborate on 387 MW Solar Project Updated On Fri, Jan 10th, 2020 by Saurenergy Capital Dynamics and 8minute Solar Energy have announced the acquisition of the Eagle Shadow Mountain Solar Project, a 387 MWdc solar project in Nevada. Capital Dynamics, an independent global private asset management firm, and 8minute Solar Energy, the largest independent solar and storage developer in the US, have announced the acquisition of the Eagle Shadow […] Read more
AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal Updated On Thu, Jan 9th, 2020 by Saurenergy Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […] Read more
