2022’s First Big Tender Is SECI’s 1200 MW Tranche XIII Wind Tender Updated On Thu, Jan 13th, 2022 by Saurenergy In its first big tender for 2022, the Solar energy Corporation of India (SECI) has gone with wind, inviting bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche XIII). The tender leaves the onus of identifying and arranging land on the bidders, a factor that has caused immense delays in […] Read more
Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany Updated On Wed, Jan 12th, 2022 by Saurenergy Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […] Read more
India Hydrogen Alliance Seeks Support in Union Budget 2022-23 Updated On Wed, Jan 12th, 2022 by Saurenergy Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […] Read more
World’s ‘Largest’ Mfg Plant For BIPV Modules Commissioned in China Updated On Tue, Jan 11th, 2022 by Saurenergy BIPV solar technology company Sunman Energy has brought online in China what it claims to be the world’s ‘largest’ production facility for lightweight solar PV modules for BIPV (Building integrated PV) applications with 1 GW capacity, TaiyangNews has reported. The production line has come online in YangZhong city of Jiangsu province in China and was recently […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
Discoms’ Outstanding Dues to Gencos Rise 4.4% to ₹1,21,030 cr in Jan Updated On Mon, Jan 10th, 2022 by Saurenergy Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 4.4 per cent year-on-year to Rs 1,21,030 crore in January 2022. Discoms owed a total of Rs 1,15,904 crore to power generation firms in January 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
Discount Strategy Short Circuited For OPG Power In Tamil Nadu, As APTEL Vacates TNERC Order Updated On Thu, Jan 6th, 2022 by Saurenergy In an interesting order on January 4 from APTEL that lays bare the risk of offering tactical discounts without a clear strategy apparently, Chennai-based OPG Power generation has suffered a setback. The firm, which had signed a PPA on 12.12.2013 for supply of 74 MW RTC power for the period 01.06.2014 to 30.09.2028 to TANGEDCO, […] Read more
