‘Policy Framework Needed to Ensure Longevity of Domestic Products Offtake, Profitability’ Updated On Fri, Apr 24th, 2020 by Saurenergy The government has taken steps by coming up with few manufacturing-linked tenders for setting up solar capacities and has also introduced a basic customs duty on imports, but we need a policy framework that will ensure the longevity of offtake of the products manufactured as well as profitability, says a senior official of Tata Power […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
Our Door is Open for All Kinds of Technologies: Dinesh Jagdale Updated On Thu, Apr 23rd, 2020 by Saurenergy BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […] Read more
Now, Safeguard Duty Clarification From MNRE Awaits Updated On Wed, Apr 22nd, 2020 by Saurenergy An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […] Read more
Pre-Bid Meetings for 3 SECI Tenders Worth 9000 MW Postponed Updated On Tue, Apr 21st, 2020 by Saurenergy SECI has announced the postponement of pre-bid meetings for three of its active tenders worth a combined 9000 MW in renewable projects and power. The Solar Energy Corporation of India (SECI) has issued a notification, announcing the postponement of pre-bid meetings for three of its active renewable tenders worth a combined 9000 MW in projects […] Read more
Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland Updated On Tue, Apr 21st, 2020 by Saurenergy Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
Uzbekistan Issues First Wind PPP Tender for 100 MW Capacity Updated On Thu, Apr 16th, 2020 by Saurenergy The Government of Uzbekistan has launched the tender process for the first wind project, to be developed with the support of the EBRD The Government of the Republic of Uzbekistan (GOU) is implementing a large-scale renewable energy strategy to deploy up to 3 GW of cost-effective and environment-friendly wind generation in the next 10 years […] Read more