Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019 Updated On Fri, Jan 24th, 2020 by Saurenergy Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […] Read more
No. 1 Rank in Clean Energy Investment Underlines India’s Promise And Intent Updated On Fri, Jan 24th, 2020 by Saurenergy Bloomberg New energy Finance, in its Climatescope survey titled “Emerging Markets Outlook 2019” has placed India at the top among developing economies. The top ranking in a list of 104 emerging economies will come as reassurance to many investors, both existing and potential, about their plans for the country. India has been followed by Chile, […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss Updated On Thu, Jan 23rd, 2020 by Saurenergy Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus. Engie and Edelweiss Infrastructure Yield Plus (EIYP) have announced a strategic partnership for the company’s solar assets in India. In line with both Engie’s and EIYP’s strategies, Engie has […] Read more
MG Motor India Launches ZS EV, India’s First Electric Internet SUV Updated On Thu, Jan 23rd, 2020 by Saurenergy MG Motor India has launched the much-awaited ZS EV, India’s first pure electric internet SUV, at an inaugural price starting at Rs 19.88 lakh. MG (Morris Garages) Motor India has launched the much-awaited ZS EV, India’s first pure electric internet SUV, at an inaugural price starting at Rs 19.88 lakh, for customers who have booked […] Read more
EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India Updated On Thu, Jan 23rd, 2020 by Saurenergy The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […] Read more
There is Huge Potential for Cell and Wafer Manufacturing in India: Manish Gupta Updated On Wed, Jan 22nd, 2020 by Saurenergy Indian solar market has an immense potential with an average demand of 10 GW per year. India has set an ambitious plan for solar with a target of 100 GW capacity by 2022. Currently, the wafer production capacity in India is Nil and cell manufacturing capacity is nearly 3.5 GW. Of this only 1.50 GW […] Read more
India has Contributed Least to Global Warming: Piyush Goyal at WEF Meeting Updated On Wed, Jan 22nd, 2020 by Saurenergy Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels Union Minister for Railways and Commerce, Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels, while the western world is […] Read more
