Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays Updated On Thu, Aug 26th, 2021 by Saurenergy While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […] Read more
One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX Updated On Mon, Aug 23rd, 2021 by Saurenergy Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21 Updated On Thu, Aug 5th, 2021 by Saurenergy Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […] Read more
India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report Updated On Thu, Aug 5th, 2021 by Saurenergy BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […] Read more
NSEFI Welcomes APTEL Judgement Outlawing PPA Curtailment Updated On Thu, Aug 5th, 2021 by Saurenergy The National Solar Energy Federation of India (NSEFI) has welcomed the judgement of Appellate Tribunal For Electricity (APTEL) in the matter of “deemed generation” filed by the NSEFI on the behalf of its members against the Tamil Nadu Electricity Regulatory Commission’s (TNERC) order passed in March 2019, denying the said deemed generation. NSEFI is a […] Read more
