Large, Attractive And Safe. MNRE Secy’s Spirited Pitch for RE in India Updated On Thu, Apr 16th, 2020 by Saurenergy At the MNRE, momentum for India’s ambitious renewable push will never be allowed to flag. Even at the time of COVID-19 pandemic. That was the message from Anand Kumar, Secretary, Ministry of New and Renewable Energy (MNRE), at a webinar tonite involving Sumant Sinha, Founder and CMD, ReNew Power, Nolty Theriot, Senior Vice President, Government […] Read more
All RE Projects under Implementation to Get Time Extension Updated On Thu, Mar 26th, 2020 by Saurenergy In a bid to provide relief to the renewable energy industry amid lockdown in the country, the government has decided that all the renewable energy projects that are under implementation will be provided further time extension for completion. However, the extension of the time period will be decided after considering the factors such as the […] Read more
Sungrow Signs 650 MW Agreement With Avaada Energy to Supply PV Inverters Updated On Wed, Mar 25th, 2020 by Saurenergy Sungrow has signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming solar PV projects in 2020. Sungrow, the global leading inverter solution supplier for renewables, signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming solar PV projects in 2020, […] Read more
Limited CERC Relief For Avaada, Canadian Solar in GST Dispute with SECI Updated On Wed, Jan 29th, 2020 by Saurenergy In a detailed order with far reaching implications for multiple cases related to the same issue, the Central Electricity Regulatory Comission (CERC) has provided limited relief to Avaada Power Private Limited and Canadian Solar Holdings on their GST related claims. The pricipal issue for both firms was that the enactment of the GST law was […] Read more
Avaada Energy to Implement 2 GW Open Access Solar Plants Updated On Wed, Jul 24th, 2019 by Saurenergy This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […] Read more
Energy Horizons 2019: The Curtailment Issue Updated On Sat, Jul 20th, 2019 by Saurenergy On day 2 of Energy Horizons 2019, a session titled ‘Circumventing the Challenge of Grid Adoption” was actually a session about the challenge of curtailment of renewable power by Discoms. A topic so sensitive, that even calling it that is an issue, apparently. Thankfully, a healthy discussion did follow, although a solution was still elusive […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO Updated On Tue, Apr 9th, 2019 by Saurenergy Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
