Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
Loanpal Closes Securitization of $474 Million of Residential Solar Loans Updated On Fri, Jan 8th, 2021 by Saurenergy The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […] Read more
PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO Updated On Thu, Jan 7th, 2021 by Saurenergy Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more
North India’s First-of-its-kind Public Charging Station Inaugurated in Panchkula Updated On Tue, Jan 5th, 2021 by Saurenergy With an aim to promote e-mobility in the state of Haryana, a First-of-its-kind public EV charging station has been commissioned in Panchkula With an aim to promote e-mobility in the state of Haryana, Tarun Kapoor, Secretary to Govt. of India (Petroleum and Natural Gas) recently inaugurated Haryana’s First-of-its-kind public charging station for charging all types […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November Updated On Mon, Jan 4th, 2021 by Saurenergy Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […] Read more
India has Moved From Being Power Deficit to Surplus: RK Singh Updated On Mon, Jan 4th, 2021 by Saurenergy Union Power Minister RK Singh had said that India has moved from being power deficit to become power surplus during the Narendra Modi regime At a recent Memorandum of Understanding (MoU) signing between the J&K government and NHPC for the implementation of 5 power projects (hydropower) in the Union Territory, Union Power Minister RK Singh had said […] Read more
EESL Tenders for 500 Electric Vehicles Under ADB Financing Updated On Thu, Dec 24th, 2020 by Saurenergy EESL has tendered under financial assistance from the Asian Development Bank (ADB) for the procurement of 500 electric vehicles (EVs). The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 500 electric vehicles (EVs). The vehicles will be procured in two categories: the first lot will […] Read more
