BEE Launches SAATHEE Portal to Track State Energy Efficiency Targets at NECA Updated On Tue, Jan 12th, 2021 by Saurenergy BEE launched the SAATHEE (State-wise Actions on Annual Targets and Headways on Energy Efficiency) portal at the recently held NECA ceremony The Ministry of Power, in association with the Bureau of Energy Efficiency (BEE), recently held the 30th National Energy Conservation Awards (NECA), to promote energy conservation among all the sectors of the economy, followed […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh Updated On Mon, Jan 11th, 2021 by Saurenergy Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […] Read more
Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
EESL to Establish Clean Energy & E-Mobility Projects for NHAI Updated On Mon, Jan 11th, 2021 by Saurenergy EESL has signed an MoU with NHAI to establish various clean energy and energy efficiency interventions at NHAI structures across India. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with the National Highway Authority of India (NHAI), an Autonomous Body under the Ministry […] Read more
Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
Loanpal Closes Securitization of $474 Million of Residential Solar Loans Updated On Fri, Jan 8th, 2021 by Saurenergy The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […] Read more
