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
DTE Energy Files Plan to add an Additional 420 MW Solar by 2022 Updated On Wed, Sep 2nd, 2020 by Saurenergy DTE Energy has updated its MIGreenPower voluntary renewables plan with the MPSC, which includes bringing online an additional 420 MW of solar energy by 2022 DTE Energy has announced that it has updated its MIGreenPower voluntary renewables plan with the Michigan Public Service Commission (MPSC), which includes bringing online an additional 420 megawatts (MW) of […] 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
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh Updated On Sat, Aug 29th, 2020 by Saurenergy Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […] Read more
Verizon Enters Renewable PPAs for 450 MW of RE Capacity Updated On Thu, Aug 27th, 2020 by Saurenergy Verizon has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity Verizon Communications has announced that it has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity as part of its commitment to […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
ION Energy’s Data Analytics To Power 581 MWh esVolta Storage Project Updated On Wed, Aug 19th, 2020 by Saurenergy Mumbai-based battery management firm ION Energy has scored a major win for its data analytics platform, Edison Analytics. The firm has been selected by esVolta, a global utility scale energy storage company with a portfolio of battery energy storage projects across North America. ION Energy also develops infrastructure for EV’s, besides battery storage. The focus […] Read more