Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
APTEL Cites Unlawful Process in UP To Restore Bid Prices For Adani Green Energy Updated On Tue, Nov 29th, 2022 by Saurenergy In a judgement that is as much an indictment of almost all the bodies involved in the Uttar Pradesh power sector. the Appellate Tribunal For Electricity (APTEL) has come down heavily on UP New Energy Development Authority (UPNEDA), UP Power Corporation Limited (UPPCL), UP Transmission Company Limited (UPTCL) and the state regulator UPERC. In its […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
Solar Is Changing Fast, Here Are 5 Ways It Already Has Updated On Mon, Nov 28th, 2022 by Saurenergy When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […] Read more
SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI Updated On Mon, Nov 21st, 2022 by Saurenergy It’s finally here. The Solar Energy Corporation of India (SECI) has invited bids for the much awaited Solar PLI (performance Linked Incentive) tender that is expected to give a huge boost to the solar sector in terms of manufacturing prowess and backward integration domestically. The tender, under tranche II of the PLI program has a last […] Read more
Set up By Adani New Enterprises, Gujarat is the Site for India’s Tallest Wind Turbine Updated On Fri, Nov 4th, 2022 by Saurenergy As part of its expansion aspirations for renewable energy, Adani New Industries Ltd has built India’s tallest wind turbine in Mundra, Gujarat that is taller than the Statue of Unity and has blades that are wider than the wingspan of a jumbo airplane. According to a corporate statement, “Adani New Industries Limited (ANIL) recently announced […] Read more
China is Home to World’s First Offshore Floating Wind-Solar Pilot Updated On Thu, Nov 3rd, 2022 by Saurenergy The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is […] Read more
Adani Group Secures 10.80 Lakh Smart Meters for BEST Power Consumers in Mumbai Updated On Fri, Oct 21st, 2022 by Saurenergy Recently, Adani Transmission, part of the Adani group won the bid to install 10.80 lakh “Smart Meters” for Bombay Electric Supply & Transport (BEST) customers, which will “empower” the distributor to automatically turn off the power supply of bill defaulters. The installation of smart meters will be finished in two and a half years, according […] Read more
Sri Lanka will Use $100 Million Indian Credit Line for Rooftop Solar Updated On Mon, Oct 17th, 2022 by Saurenergy In the middle of the acute economic crisis and increasing losses to the state electricity distribution entity, the Sri Lankan government has decided to utilise the line of credit worth $100 million granted by India. In July, 2021, India had signed an agreement with Sri Lankan Government to extend a USD 100 million Line of […] Read more
