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
Savosolar Signs Delivery Contract for a Solar Thermal System in France Updated On Mon, Jan 11th, 2021 by Saurenergy Savosolar signs delivery contract for a solar thermal system to AbSOLAR in Cadaujac, France Savosolar has signed a delivery contract with AbSOLAR SAS valued at approximately c. EUR 300 thousand for a solar thermal plant delivery in Cadaujac, France. Delivery of this plant will happen during the first half of 2021. Savosolar informed on April […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
Javadekar: India the Only Country Keeping Commitments on Climate Change Updated On Mon, Jan 11th, 2021 by Saurenergy Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change, despite accounting for only six to seven percent of total carbon emissions in the world. Speaking at a […] Read more
Emergence of Asia-Pacific Renewable Energy Sector Updated On Mon, Jan 11th, 2021 by Saurenergy By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production. Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] 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
