Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr Updated On Sat, Feb 22nd, 2020 by Saurenergy India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […] Read more
EDPR Secures PPA for 96 MW Wind Power in Brazil Updated On Fri, Nov 29th, 2019 by Saurenergy EDPR has secured a 16-year private Power Purchase Agreement (PPA) to sell the power to be produced by the Catanduba wind farm in Brazil EDP Renewables (EDPR), through its subsidiary EDP Renováveis Brasil (EDPR Brazil), has announced that it has secured a 16-year private Power Purchase Agreement (PPA) to sell the power to be produced […] Read more
Himachal Pradesh Aiming for 100% EV Transition by 2030 Updated On Thu, Sep 19th, 2019 by Saurenergy Himachal Pradesh is aiming to achieve 100 percent transition to EV by 2030 in alignment with the United Nation’s sustainable development goals Himachal Pradesh is aiming to achieve 100 percent transition to electric vehicles (EV) by 2030 in alignment with the United Nation’s sustainable development goals, according to sources close to the government. A meeting to frame the draft for the […] Read more
ReNew Power Raises $300 Million Through Rights Issue Updated On Mon, Jul 1st, 2019 by Saurenergy Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […] Read more
$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments Updated On Fri, Apr 5th, 2019 by Saurenergy The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […] Read more
Sydney Sets 100% Renewables Target For 2030 Updated On Mon, Apr 1st, 2019 by Saurenergy The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […] Read more
Sungrow SG3125HV Inverter Technical White Paper Updated On Wed, Oct 17th, 2018 by Saurenergy 1. Overview The solar industry is revolving very fast, For the utility scale plant, It faces many challenges. For example, The declining PPA, the pressure of investment costs and the more stringent demand. The new standards require the inverter either to have a wide range ride through capability or special grid support function, those new […] Read more
Over 10,000 people attend Re-Invest 2018 on day one; event a grand success Updated On Thu, Oct 4th, 2018 by Saurenergy Over 10,000 people attended the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Experts’ Meet & Expo (RE-Invest 2018) on day one, the 3rd, October, 2018 at Greater Noida. This included over 5000 delegates and180 exhibitors. There were 354 business to business bilateral meetings held on day one.The power-packed sessions included the First Assembly of the […] Read more
Renew Power Commissions 126 MW of First Reverse Wind Auction in India Updated On Tue, Aug 28th, 2018 by Saurenergy ReNew Power’s this project is part of the country’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). India’s one of the leading renewable energy IPP, ReNew Power has successfully commissioned Phase 1 (126 MW) of its 250 MW […] Read more