ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
Tata Power Tops CRISIL’s ESG Rankings Among Power Companies Updated On Thu, Jul 29th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant Updated On Thu, Jul 29th, 2021 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […] Read more
Shell to Fully Acquire US Green Firm Inspire Energy Capital Updated On Wed, Jul 28th, 2021 by Saurenergy Shell New Energies US LLC has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. Shell New Energies, a subsidiary of oil major Royal Dutch Shell plc, focuses on two main areas: new fuels […] Read more
With India’s Renewable Power Capacity Battle Won, Is It Time To Focus On Generation? Updated On Wed, Jul 28th, 2021 by Saurenergy In response to a query in the ongoing monsoon session of parliament, Power and MNRE Minister R.K. Singh informed the house that India’s renewable energy capacity, including installed, under installation and being tied up, stands at almost 97 GW as of June 30, 2021. This mix includes solar, wind, biomass and small hydel. Add to […] Read more
Equinor, RES & Green Giraffe Partners for Floating Offshore Wind in France Updated On Tue, Jul 27th, 2021 by Saurenergy Equinor, RES, and Green Giraffe join forces and form Océole, a partnership dedicated to developing floating offshore wind in France. Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government. Establishing this partnership is in line with the three companies’ ambition of delivering high-performance floating offshore […] Read more
Waaree Completes 300 MW Production for US Order Updated On Tue, Jul 27th, 2021 by Saurenergy Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […] Read more
Italian Oil Major Eni Acquires Big RE Portfolio in France and Spain Updated On Tue, Jul 27th, 2021 by Saurenergy Italian oil and gas company Eni has acquired renewable energy portfolios in Spain and France through two separate deals: the acquisition of 9 RE projects totalling 1.2 GW capacity from Azora Capital in Spain; and the acquisition of the Dhamma Energy Group, whose solar projects at various stages of development in France and Spain have a cumulative capacity […] Read more
