Global Wind Power Installations Hit Record Levels in 2020 Updated On Tue, Mar 30th, 2021 by Saurenergy Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record. China’s National Energy Administration reported 72 GW […] Read more
Coal India Seeking Developers for 100 MW Solar Plant in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Coal India Limited is seeking developers for undertaking the work of complete development and handing over of 100 MW solar plant in Gujarat. Coal India Limited (CIL), a state-owned coal mining corporate, has issued a tender – seeking developers for undertaking the work of complete development and handing over of a 100 MW solar PV […] Read more
Biden Administration Jump-starts Offshore Wind Energy Projects Updated On Tue, Mar 30th, 2021 by Saurenergy The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […] Read more
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
