MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India Updated On Thu, Dec 24th, 2020 by Saurenergy MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […] Read more
“EEG-Novelle”, New Renewable Energy Law For Germany Updated On Sat, Dec 19th, 2020 by Saurenergy The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW Updated On Fri, Dec 11th, 2020 by Saurenergy India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […] Read more
MNRE’s October 2020 Report Card For Cabinet Updated On Tue, Nov 17th, 2020 by Saurenergy In its’s monthly report for the union Cabinet, the R.K Singh led MNRE has highlighted key monthly achievements for October this year. While the success with minimising Covid impact has been set off by the lingering issues on other fronts that have caused a slowdown in fresh capacity installation, the MNRE does have a potential […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target Updated On Mon, Sep 14th, 2020 by Saurenergy Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […] Read more
NALCO to Have 223.9 MW Wind Capacity on its RE Portfolio Updated On Thu, Sep 10th, 2020 by Saurenergy NALCO is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to its renewable energy portfolio. The state-backed National Aluminium Company (NALCO) is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to […] Read more
How Northern India’s Energy Systems can be 100% Clean Energy: Report Updated On Wed, Sep 9th, 2020 by Saurenergy A new report has established how northern India’s energy systems, comprising of Delhi-NCR can be switched to 100 percent clean energy by 2050. Finland’s Lappeenranta-Lahti University of Technology (LUT) and Delhi-based ‘Climate Trends‘ in a new report on Tuesday established how northern India’s energy systems, comprising the world’s largest metropolitan area — Delhi-NCR — can be switched […] Read more
