Renew Power Starts 300 MW Gujarat Wind Energy Plant Updated On Fri, Mar 26th, 2021 by Saurenergy ReNew Power, a leader among renewable energy firms in India, has announced the commissioning of a 300 megawatt (MW) wind power generation facility in Gujarat. The project was previously awarded to ReNew’s operating subsidiary ReNew Wind Energy (AP2) Private Limited in a competitive E-reverse auction conducted by the Solar Energy Corporation of India (SECI). The […] Read more
Engie Closes Deal With Edelweiss Yield Plus For India Solar Assets Updated On Fri, Mar 26th, 2021 by Saurenergy In one of the largest renewable energy deals during the past year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, announced yesterday that it has acquired a 74 per cent stake in French energy major Engie Group’s solar portfolio in India. The investment from the fund will free up Engie to […] Read more
Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC Updated On Thu, Mar 25th, 2021 by Saurenergy 2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […] Read more
Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project Updated On Thu, Mar 25th, 2021 by Saurenergy Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […] Read more
Solar Firms Almost Unanimous on 10 kW Rule for Net-Metering – It’s a Disaster Updated On Wed, Mar 24th, 2021 by Saurenergy While industry reaction to the new rules from the Ministry of Power that mandates net metering upto a limit of 10 kW only have been well reported, we decided to speak to installers across states to get a broader view. What we see is a very clear divide between a vast number of smaller installers, […] Read more
Adani Green Energy to Acquire 75 MW Solar Assets of Sterling and Wilson for Rs 446 Cr Updated On Wed, Mar 24th, 2021 by Saurenergy Adani Green Energy has signed an agreement to acquire 100 percent stake in two SPVs holding 75 MW operating solar assets of Sterling & Wilson Adani Green Energy Limited (AGEL), one of the largest renewable energy companies in India, has announced that it has signed a share purchase agreement for the acquisition of a 100 […] Read more
EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France Updated On Wed, Mar 24th, 2021 by Saurenergy EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […] Read more
UK and India Working Together To Tackle Climate Crisis: Britain’s Minister Updated On Tue, Mar 23rd, 2021 by Saurenergy After a five-day tour of India, Britain’s Minister of State for South Asia, Lord Tariq Ahmad has said that UK and India are working to expand research and collaboration links to tackle climate change. Speaking on this two-nation partnership, Ahmad stated, “India has quadrupled wind and solar capacity in the last decade and committed to […] Read more
German Utility EnBW Building two Subsidy-Free Solar Projects Worth 300 MW Updated On Mon, Mar 22nd, 2021 by Saurenergy German Utility EnBW is building two more subsidy-free large-scale solar projects in Brandenburg with a capacity of 150 MW each. German Utility Energie Baden-Württemberg i.e. EnBW has announced that it is building two more subsidy-free large-scale solar photovoltaic projects in Brandenburg with a capacity of 150 megawatts (MW) each. These new projects follow on from […] Read more
