Green Firm Renew Power Raises $400 M from Global Debt Investors Updated On Mon, Jan 10th, 2022 by Saurenergy ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
South Korea’s 2.3 GW Solar Tender Attracts Average Bid At Rs 8.85/kWh Updated On Fri, Jan 7th, 2022 by Saurenergy The South Korean Energy Agency (KEA) has announced the results of its second major solar tender of 2.2 GW from 2021. With a target of over 30 GW of PV by 2030, South Korea is well on track to meet its targets, with total installed capacity of 15.6 GW by the end of 2020. The […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
Cabinet Approves Intra-State Transmission System – Green Energy Corridor Phase-II Updated On Thu, Jan 6th, 2022 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, today approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometres (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations. The scheme will facilitate grid […] Read more
NHPC, GEDCOL to Set Up 500MW Floating Solar Projects in Odisha Updated On Thu, Jan 6th, 2022 by Saurenergy State-owned hydropower giant NHPC on Wednesday said it has signed a pact with Green Energy Development Corporation of Odisha Ltd (GEDCOL) to form a joint venture (JV) for setting up a 500-megawatt (MW) floating solar power projects in Odisha. “Promoters agreement has been signed on January 4, 2022, between NHPC Limited and Green Energy Development […] Read more
EU Leaning Towards Controversial Move To Label Gas, Nuclear ‘Green’ Updated On Wed, Jan 5th, 2022 by Saurenergy The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The decision is widely blamed on the continent’s high dependence on gas, and a controversial decision by key member countries, especially the UK and […] Read more
French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS Updated On Wed, Jan 5th, 2022 by Saurenergy French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACS’s energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity […] Read more
Spanish Renewables Tender for CSP, Biomass to be Out in April Updated On Wed, Jan 5th, 2022 by Saurenergy The Spanish government will release its next renewable energy tender in April 2022 to award 500 MW to mostly solar and biomass-based projects, the ministry for the ecological transition has announced. The ministry put the proposal for the auction terms to public consultation until January 21. The plan is to hold the event on April […] Read more
