The Missing Element in the Proposed Electricity Act Reforms Updated On Tue, Jun 30th, 2020 by Saurenergy India is the third largest producer and consumer of electricity worldwide. But it still has one of the lowest per capita power consumption (1,181 kWh) as compared to the world’s average per capita power consumption, which stands high at nearly 2,700 kWh. Because of this, our nation faces the challenge of ensuring sound financial health […] Read more
Vivint Solar Closes $300 Mn of new Tax Equity Commitments Updated On Tue, Jun 30th, 2020 by Saurenergy Vivint Solar has secured USD 300 million in new equity financing commitments from two repeat investors to support the growth of its residential solar business. Vivint Solar, a leading full-service residential solar provider, has announced it has secured USD 300 million in new tax equity financing commitments from two repeat investors to support the growth of Vivint […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
Infigen Nudges Shareholders to Accept $864 mn Takeover bid From Iberdrola Updated On Tue, Jun 30th, 2020 by Saurenergy The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The recommendation came after Iberdrola waived conditions for its […] Read more
Vestas Secures two Wind Orders in Japan and Germany Updated On Tue, Jun 30th, 2020 by Saurenergy Vestas has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. Vestas has announced that it has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. In Japan, the […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
DGTR to Conduct Hearing on Safeguard Duty for Solar Cell Imports Updated On Tue, Jun 30th, 2020 by Saurenergy The DGTR has called an oral hearing on July 3, 2020, to take forward the ongoing probe on the continued imposition of safeguard duty on solar cell imports. The investigation arm of the Ministry of Commerce and Industry, the Directorate General of Trade Remedies (DGTR) has called all concerned parties for an oral hearing on […] Read more
