High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha Updated On Fri, Oct 4th, 2019 by Saurenergy Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […] Read more
ReNew Power Raises $300 Million Through Rights Issue Updated On Mon, Jul 1st, 2019 by Saurenergy Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […] Read more
Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit Updated On Thu, Jun 13th, 2019 by Saurenergy The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI. The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […] Read more
SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
Modi 2.0. What Will the Impact be on Solar Energy Sector? Updated On Fri, May 24th, 2019 by Saurenergy With a thumping majority behind it again, the Narendra Modi led NDA government offers one big relief to the renewables sector straightaway. Continuity. Unfortunately, that’s where the good news ends. While the industry seems uniformly happy at the removal of further uncertainty on the next government, hopes are high for further changes in on the […] Read more
Only Two Bidders For SECI’s 1200 MW Hybrid Tender Updated On Tue, May 21st, 2019 by Saurenergy Adani Green Energy won the tender with the L1 bid of Rs 2.69/kWh for developing 600 MW capacity. The Solar Energy Corporation of India’s (SECI) latest tranche of 1200 MW wind-solar hybrid tender was left undersubscribed by 300 MW after only two bidders submitted bids for the project. Adani Green Energy and ReNew Power were […] Read more
India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
Huawei Supplies Smart String Inverters to ReNew Power’s Largest Utility Solar Project Updated On Tue, Apr 23rd, 2019 by Saurenergy Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc smart interactive string inverters for the setting up of the project. ReNew Power, India’s largest renewable energy IPP (Independent Power Producer) recently announced that its 300 MW solar plant at Pavagada Solar Park was successfully on the commercial operation. Chinese inverter manufacturing major, Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc […] Read more
