Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
UKA, Nordex Intensify Collaboration On 500 MW Wind Projects Updated On Wed, Jul 13th, 2022 by Saurenergy UKA and Nordex Group have announced extending their collaboration for a further two years to continue their existing partnership. Together, the two encompass a total of 80 wind turbine generators that generate a capacity of close to 500 MW. UKA is among the top three wind farm developers in Germany while Nordex Group is a […] Read more
Japan Will Include India Into AETI To Help Achieve Green Energy Transition Updated On Wed, Jul 13th, 2022 by Saurenergy While it mourns the assassination of Japan’s former Prime Minister Shinzo Abe last week, Japan is looking to aid India to shift to clean energy by expanding a programme it launched in 2021 for Southeast Asian nations, Industry Minister Koichi Hagiuda said recently. Although India was not initially included in the Japan’s ‘Asia Energy Transition […] Read more
SJVN To Build Two Solar Power Projects For Rs 690 Cr In Uttar Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy State-owned renewable energy player SJVN has announced that it has entered into an agreement with Solarworld Energy Solutions for the development of two solar power projects in Uttar Pradesh. There will be a total investment of more than Rs 690 crore and the total generation capacity of the two solar projects shall be 125 MW. […] Read more
NTPC Floats Tender For O&M Of Up To 50 MW Solar Projects Updated On Wed, Jul 13th, 2022 by Saurenergy India’s largest power producer, state-owned NTPC has floated a tender inviting bids from the prospective vendors to operate and maintain up to 50 MW solar projects. Operation and maintenance has been defined in the floated tender as prevention of breakdown, maintenance following a breakdown and overhauls extending to normal housekeeping, cleaning etc. The NTPC will […] Read more
MPPMCL Issues Tender for Carbon Credits From Solar Rooftop in Madhya Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy Madhya Pradesh Power Management Company Limited (MPPMCL) has floated an e-tender for trending carbon credits from solar rooftop projects in Madhya Pradesh. This tender has included the appointment of consultants for validation, registration, verification, issuance, and trading of carbon credits from solar rooftop projects. The interested bidder can participate in the bidding process through an […] Read more
IREDA CMD Sees Potential For a Million Renewable Jobs By 2030 Updated On Wed, Jul 13th, 2022 by Saurenergy Pradip Kumar Das, the Chairman & Managing Director at IREDA (India Renewable Energy Development Agency), one of the earliest and largest renewables focused financial institution, said one can anticipate a million jobs in the renewable energy sector by 2030. Das was speaking at a programme on Renewable Energy Management for cooperatives organised by the Centre […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores Updated On Tue, Jul 12th, 2022 by Saurenergy Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […] Read more