Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
FIMER Launches 2 New Platforms for Utility PV Market Updated On Wed, Jun 23rd, 2021 by Saurenergy Leading solar inverter supplier FIMER has announced the launch of two new platforms for the utility-scale sector – a high-power multi-MPPT string inverter and a modular conversion solution – which are designed to cater for both decentralized and centralized applications covering 100 percent of utility applications. With the most recent Renewable Energy Market Update from the International Energy […] Read more
ACME Signs Deal With Brookfield Renewable for 450MW Solar Project Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable, an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India. Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
Hindustan Zinc Bags CII’s Award For 22 MW Solar Plant Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the leading Indian zinc-lead and silver producers, Hindustan Zinc has won the ‘Best Application & Uses of Renewable Energy (Large Project)’ award at the 5th Edition of the CII National Energy Efficiency Circle Competition 2021 for its Rampura Agucha Mine’s 22 MW solar plant, based in Udaipur, Rajasthan. Hindustan Zinc, a Vedanta Group […] Read more
The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender Updated On Tue, Jun 22nd, 2021 by Saurenergy Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more
GoodWe To Produce One million Units Per Year Post Expansion Updated On Mon, Jun 21st, 2021 by Saurenergy PV Inverter manufacturer GoodWe has announced a major manufacturing expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […] Read more
Australia Pulls Back On $36 Billion Renewable and Hydrogen Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the decision in a release published on Australia‘s environment department’s […] Read more
