Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption Updated On Wed, Aug 21st, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
Green Stocks August 20: JSW Energy, Gensol Lead The Charge Updated On Tue, Aug 20th, 2024 by Saurenergy On a good day for the markets that climbed almost 0.51%, our green energy pack had a mixed day, with JSW Energy standing out for it’s 6.14% spike. Among the rest, only Adani Green, Tata Power, Sterling and Wilson Renewable Up an impressive 3.18%), Inox Wind and Gensol were green, while the rest stayed in […] Read more
Ciel & Terre India Completes 4.096 MWp Floating Solar Installation For Amplus Updated On Tue, Aug 20th, 2024 by Saurenergy Ciel et Terre India has delivered an innovative floating solar plant to Amplus KN One Power. Project Overview The Amplus KN One Power project is located within the premises of UltraTech Cement Limited (UTCL) at UTCL Awarpur in Maharashtra. Completed within 4 months, the project has used some innovative approaches to overcome the many challenges it […] Read more
Is Community Solar A Key Piece In India’s Clean Energy Strategy? Updated On Tue, Aug 20th, 2024 by Saurenergy India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […] Read more
Highview Power Awards Contract To Epcogen To Build LAES facility Updated On Tue, Aug 20th, 2024 by Saurenergy AXISCADES Technologies, a technology and engineering solutions provider, through its subsidiary Epcogen, was awarded a long-term contract by Highview Power Limited, a British energy storage technology producer. Highview Power is a developer of long-duration energy storage technology from renewable sources. Highview Power, which specializes in liquid air energy storage (LAES), has raised capital to establish […] Read more
Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz Updated On Tue, Aug 20th, 2024 by Saurenergy Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […] Read more
Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
