Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Ashish Khanna, MD & CEO, Tata Power Solar on Workforce Development Updated On Tue, May 5th, 2020 by Saurenergy A skilled workforce is a crucial element that contributes to a vibrant industry, something that is true for the renewable energy industry in the country too. Lack of skilled manpower has been identified as one of the most prominent challenges for the sector. So workforce development is an essential and ongoing process for any organization […] Read more
Spruce Finance Closes $124 Mn Residential Solar Financing Package Updated On Tue, May 5th, 2020 by Saurenergy Spruce Finance has closed a USD 124 million debt financing deal for its portfolio of residential solar PPAs and leases with Vantage and Sequoia Spruce Finance, one of the largest private owner and operator of distributed generation solar and residential energy assets in the US, has closed a USD 124 million debt financing deal for its portfolio of residential […] Read more
5th Extension for SECI’s 4 MW Floating Solar Plus BESS Tender Updated On Tue, May 5th, 2020 by Saurenergy Extension of the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman. This is now the fifth such extension in SECI’s tender. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers […] Read more
MicroSun Solar Resumes Manufacturing amidst Strict Safety Measures Updated On Mon, May 4th, 2020 by Saurenergy Amidst strict measures followed as per the government directives, MicroSun Solar, a solar photovoltaic (PV) module manufacturing company, has resumed operations at its Bangalore factories and opened all warehouses across the country. While talking to Saur Energy, the company informed that “it has resumed operations from May 04, 2020, onwards, in compliance with all the […] Read more
Time for India to Set up Manufacturing Facilities including EVs: Maxson Lewis Updated On Mon, May 4th, 2020 by Saurenergy These days, the entire world is looking for an option to China. Today, there is a mindset that if someone were to say I am getting the same product from China against from somewhere else, I will go for somewhere else. It is the most fantastic time for India to set up manufacturing facilities in […] Read more
Australian Govt Launches A$300 Mn Fund to Finance Hydrogen Projects Updated On Mon, May 4th, 2020 by Saurenergy The Liberal National Government has established the A$300 mn fund to finance projects focused on growing the hydrogen industry in Australia. The Liberal National Government is backing Australia to become a world leader in hydrogen production and exports by establishing the Advancing Hydrogen Fund. The new AUD 300 million fund created by the Government will finance projects […] Read more
Solar Should Escape Any Collataral Damage From Michael Moore’s Latest Updated On Mon, May 4th, 2020 by Saurenergy Over a week after the release of his documentary, Planet of the Humans, that has been streaming on Youtube, the response to the documentary has been mixed. The documentary takes a long (one hour and 40 minutes) hard look at the flag bearers of the environmental movement, with a special focus on the solar, biomass […] Read more