I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni Updated On Thu, Feb 27th, 2020 by Saurenergy An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […] Read more
Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA Updated On Tue, Feb 25th, 2020 by Saurenergy ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […] Read more
NIWE Issues EOI for 1 MW Rooftop Solar PV Plant in Chennai Updated On Mon, Feb 24th, 2020 by Saurenergy NIWE on behalf of CMWSSB has issued an EOI for setting up of a 1 MW rooftop solar plant on the underground tank at Chembarambakkam WTP in Chennai. The National Institute of Wind Energy (NIWE) on behalf of the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) has issued an Expression of Interest (EOI), inviting […] Read more
Kerala Commission Issues Renewable Energy and Net Metering Regulations Updated On Mon, Feb 24th, 2020 by Saurenergy KSERC has issued its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and Net Metering) Regulations, 2020’. The Kerala State Electricity Regulatory Commission (KSERC) has issued the new state regulations for renewable energy and net metering in its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and Net Metering) Regulations, 2020’. As per the new regulations, the […] Read more
Vestas Bags Orders Worth 160 MW in Mexico and China Updated On Fri, Feb 21st, 2020 by Saurenergy Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […] Read more
NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA Updated On Fri, Feb 21st, 2020 by Saurenergy NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […] Read more
India Installed 2.3 GW of new Solar Capacity in the Last Quarter of 2019 Updated On Fri, Feb 21st, 2020 by Saurenergy India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in Q4 of 2019, according to a new report India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in the fourth quarter (Q4) of 2019, according to a new report. The report published by research firm JMK […] Read more
