India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Duke Energy Issues $700 mn Green Bond to Fund Renewable Investments Updated On Wed, Nov 27th, 2019 by Saurenergy Duke Energy Florida has completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. Duke Energy Florida, a subsidiary of Duke Energy, completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. The first transaction, totaling USD 700 million, marks […] Read more
Cleanmax and The Huawei Experience Updated On Tue, Nov 26th, 2019 by Saurenergy Chinese brand Huawei, which is a leading global ICT and network energy solutions provider, has been enjoying significant market share in the solar inverter space in India as well. Saur Energy International magazine talked to one of the clients of solar inverter manufacturer company, CleanMax Solar, during Renewable Energy India (REI) Expo 2019. CleanMax Solar […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
CEL Tenders for Solar Power Evacuation in Maharashtra Updated On Tue, Nov 26th, 2019 by Saurenergy CEL has issued a tender for the commissioning of solar power evacuation infrastructure in the state of Maharashtra. Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible firms for the commissioning of solar power evacuation infrastructure in the state of Maharashtra. The Scope of work for the selected bidders will include the […] Read more
Adani Green Energy’s Ashish Garg Resigns as CFO Updated On Tue, Nov 26th, 2019 by Saurenergy Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […] Read more
Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn Updated On Tue, Nov 26th, 2019 by Saurenergy Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […] Read more
Only 266 MW Bids Received for SECI’s 1200 MW Wind Tender As Industry Shies Away Updated On Mon, Nov 25th, 2019 by Saurenergy SECI’s 1200 MW wind tender after receiving only two bids to develop 266 MW capacity has been extended once again. The consequences of poorly thought-through decisions over the past year and more are finally affecting the ‘pipeline’ that Power Minister RK Singh repeatedly refers to when he asserts that all is well with India’s renewable […] Read more
Tamil Nadu Tenders for Servers & Hardware for RE Generators Updated On Mon, Nov 25th, 2019 by Saurenergy Tamil Nadu Transmission Corporation has issued a tender, for the commissioning of servers, hardware and AMR network accessories for RE generators. The Tamil Nadu Transmission Corporation has issued a tender, for the commissioning of servers, hardware and AMR network accessories for wind farms, co-gen, solar and other renewable energy (RE) generators. The Scope of the […] Read more