Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Decarbonising Of Grids To Accelerate Due To Dropping Storage Costs Updated On Wed, Sep 9th, 2020 by Saurenergy Participants at one of the four technical sessions of the International Solar Alliance’s First World Solar Technology Summit held in India ventured into a key area- Decarbonising of Grids. An issue at the heart of the key challenge facing renewable energy, particularly, solar power. Grid Stability and adaptability. A key takeaway was that global regulators […] Read more
ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park Updated On Sat, Sep 5th, 2020 by Saurenergy ACWA Power has completed the signing of all financing agreements of the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai. ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation plants, has announced that it has completed the signing of all financing agreements of the […] Read more
SenseHawk Raises $5.1 Mn for Software Platform to Enhance Efficiency of Solar Plants Updated On Thu, Sep 3rd, 2020 by Saurenergy SenseHawk has raised USD 5.1 million in funding for its software platform that enhances efficiency in the development, construction & operation of solar plants. SenseHawk, a SaaS company that helps customers develop, build and operate solar and other infrastructure sites, has announced that it has raised USD 5.1 million in Series A1 funding. The investment […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA Updated On Thu, Aug 6th, 2020 by Saurenergy Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […] Read more
sPower Secures $700 Mn in Financing for 620 MW Solar Project Updated On Mon, Jul 27th, 2020 by Saurenergy sPower has closed on USD 700+ million construction/term loan financing for the 620 MW dc Spotsylvania Solar Energy Center in Virginia sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company closed on USD 700+ million construction/term loan financing for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. At 620 MW […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
The Case for Mini Grids Stronger Than Ever, Says Global Report Updated On Thu, Jul 2nd, 2020 by Saurenergy A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […] Read more
