Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
Delhi Metro Tenders for 2 MW Rooftop Solar Project Under RESCO Model Updated On Wed, Jan 13th, 2021 by Saurenergy The Delhi Metro tenders for commissioning of 2 MW rooftop solar project under RESCO model at the staff quarters of DMRC in Delhi. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders, for the commissioning of a 2 MW rooftop solar PV power project under RESCO model at the […] Read more
Vikram Solar Expands Retail Footprint; Enters Chhattisgarh Updated On Wed, Jan 13th, 2021 by Saurenergy Vikram Solar has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh, tying up with Express Tradecom. Vikram Solar, a leading module manufacturers and prominent EPC and rooftop solar solutions provider has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh. The company tied up with Express […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
Grenergy Renovables S.A. and Natixis Close Solar PV Portfolio Financing in Chile Updated On Tue, Jan 12th, 2021 by Saurenergy Grenergy Renovables S.A. (“Grenergy”), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totaling US $91 million for an expected 130 MWp portfolio of 14 solar photovoltaic (“PV”) plants in Chile. This marks Natixis’ first transaction with Grenergy and was fully underwritten by Natixis. The Grenergy portfolio […] Read more
4th Deadline Extension for SECI’s EOI for RE Solutions in Himalayas Updated On Tue, Jan 12th, 2021 by Saurenergy SECI extends the EOI deadline for its call for RE solutions for meeting energy requirements in remote areas of the Himalayas for the 4th time. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh Updated On Mon, Jan 11th, 2021 by Saurenergy Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […] Read more
