India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA Updated On Fri, Nov 20th, 2020 by Saurenergy ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […] Read more
Deoghar Airport To Go With 330 KW Solar Plant, As AAI Calls For Bids Updated On Wed, Nov 18th, 2020 by Saurenergy India’s new greenfield airports continue to go for renewable energy in a big way. The latest to join the list is the upcoming Deoghar airport in Jharkhand state. Deoghar city is a major pilgrimage centre, known for the Baba Baidyanath Dham . The Airports Authority of India Limited, which has set up and will be […] Read more
EV Startup Ather Energy Raises $35 Mn in Latest Funding Round Updated On Mon, Nov 9th, 2020 by Saurenergy Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
IOCL Tenders for 300 kW Ground cum Rooftop Solar Plant in WB Updated On Wed, Nov 4th, 2020 by Saurenergy IOCL has issued a tender for setting up of 300 kWp ground-mounted and rooftop solar plant at its LPG bottling plant in Durgapur, West Bengal. The Indian Oil Corporation (IOCL) has issued a tender, inviting bids from eligible firms for setting up of a grid-connected 300 kWp ground-mounted and rooftop solar PV power plant at […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
883 MW of Rooftop Solar Capacity Added in First 9 Months of 2020 Updated On Tue, Oct 27th, 2020 by Saurenergy As per the data released by the MNRE for the period starting January 2020 till September 2020, about 883 MW of rooftop solar was added in India. As per the data released by the Ministry of New and Renewable Energy (MNRE) for the period starting January 2020 till Sep 2020, about 2320 MW of solar […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
