DHI Issues RFP Inviting Bidders for PLI Scheme on ACC Battery Storage Updated On Mon, Oct 25th, 2021 by Saurenergy In a latest development on the National Programme on Advanced Chemistry Cell (ACC) Battery Storage notified earlier, the Ministry of Heavy Industries (MHI) has issued a Request for Proposal (RFP) to invite bidders for setting up greenfield manufacturing facilities under the production-linked incentive (PLI) scheme to promote ACC manufacturing in the country. The programme offers […] Read more
Tata Pwr Attains Milestone of Over 1000 EV Charging Stations across India Updated On Mon, Oct 25th, 2021 by Saurenergy Tata Power now has a network of more than 1000 Electric Vehicle (EV) charging stations across the country, achieving a major milestone in India’s journey towards green mobility, said the company. In addition to these 1000 EV charging stations, there are close to 10,000 home EV charging points, aimed at making EV charging convenient for […] Read more
Sungrow Reaches Milestone for Sending 5 GW in Latin America Updated On Thu, Oct 21st, 2021 by Saurenergy Sungrow, which provides inverter solutions for renewable energy, announced at Intersolar South America 2021, held in São Paulo from Oct. 18-20, that its shipments cumulative sales for Latin America exceeded 5 GW. This demonstrates Sungrow’s commitment to sustainable development and efforts to diversify the local energy sector and decarbonise, said the company. With a continuous […] Read more
Key Highlights From SECI’s RFS for Battery Storage Systems Updated On Thu, Oct 21st, 2021 by Saurenergy SECI’s release of the RFS document inviting submissions for Pilot Projects of 500 MW/1000MWh Standalone Battery Energy Storage Systems in India finally gets the process started on this critical aspect of the future for renewable energy. We bring you some key highlights from the document. At the outset, the RFS, for the first time acknowledges […] Read more
REC Raises 5 Year Loan Of $75 million From SMBC Updated On Thu, Oct 21st, 2021 by Saurenergy In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […] Read more
Iberdrola to Invest £6 B in UK Offshore Wind Complex Updated On Wed, Oct 20th, 2021 by Saurenergy Spanish electric utility Iberdrola, through its subsidiary Scottish Power, plans to invest £6 billion in developing an offshore wind complex – East Anglia Hub – in the UK, the company’s biggest investment anywhere in the world and one of the largest offshore wind projects worldwide. Iberdrola’s chairman, Ignacio Galán, announced this undertaking at the Global […] Read more
ISA and Bloomberg Philanthropies In Partnership for $1 Trillion Target Updated On Wed, Oct 20th, 2021 by Saurenergy Bloomberg Philanthropies and the International Solar Alliance (ISA) have partnered to mobilise $1 trillion in global investments for solar energy across ISA’s member countries. The two organizations will kick off the partnership by working with World Resources Institute (WRI) to develop a Solar Investment Action Agenda and a Solar Investment Roadmap, which will be launched at COP26 and in […] Read more
Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure Updated On Mon, Oct 18th, 2021 by Saurenergy Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […] Read more
MSEDCL Invites Vendor Bids for 200 MW Residential Rooftop Empanelment Updated On Mon, Oct 18th, 2021 by Saurenergy Residential rooftop solar continues to move ahead after a period of dormancy. The latest to add to the push is Maharashtra, where the key state discom, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids for vendors for 200 MW of grid-connected residential rooftop solar systems under the capital expenditure (CAPEX) model. The […] Read more
