Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
ReNew Power Achieves “Low Risk” on ESG Risk Ratings Updated On Thu, Dec 2nd, 2021 by Saurenergy RE independent power producer ReNew Energy Global has been ranked among the top 10 renewable power companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its environmental, social and governance (ESG) risk exposure, management systems and performance, states the company. Of the […] Read more
Vector Green and Evergreen Power In MoU For Wind Power Projects Updated On Tue, Nov 9th, 2021 by Saurenergy Vector Green Energy Pvt Ltd (Vector Green) and Evergreen Power Mauritius Pvt Ltd (Evergreen Power) have entered into a MoU to develop around 300 MW of wind power projects in India through greenfield development. Vector Green is a renewables focused Independent Power Producer (IPP), wholly owned by funds managed by Global Infrastructure Partners India LLP. […] Read more
Azure Power Wins its First 120 MW ISTS Wind Project with SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Azure Power, one of the leading solar power developers in the country, has announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. Azure Power’s […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia Updated On Fri, Oct 8th, 2021 by Saurenergy Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […] Read more
Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe Updated On Fri, Sep 17th, 2021 by Saurenergy Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
