Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh Updated On Mon, Jan 11th, 2021 by Saurenergy Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […] Read more
Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India Updated On Fri, Jan 8th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space. Accelerated growth during a tough year. During this year, the Indian market saw a series of tenders […] Read more
Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan Updated On Fri, Jan 8th, 2021 by Saurenergy Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
Vistra Brings Online its 1200 MWh Battery Storage System in California Updated On Fri, Jan 8th, 2021 by Saurenergy Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […] Read more
ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more