Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation Updated On Wed, Jul 15th, 2020 by Saurenergy Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more
CEEW Recommends Green Energy Investments in COVID Recovery Strategy Updated On Fri, Jul 3rd, 2020 by Saurenergy The Council on Energy, Environment and Water (CEEW), along with the National Institute of Public Finance and Policy (NIPFP) has recently published a report that makes the case for India needing a new social contract based on a commitment to jobs, growth and sustainability, as it charts its way out of the COVID-19 pandemic. The […] Read more
Engie Sells 49% Share in its 2.3 GW US Renewables Portfolio Updated On Thu, Jul 2nd, 2020 by Saurenergy Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong, a leading investor in climate change solutions. […] Read more
Enphase and Q CELLS Announce AC Module Partnership Updated On Fri, Jun 26th, 2020 by Saurenergy Enphase Energy and Q CELLS have announced a strategic partnership to develop AC Modules (ACMs) based on seventh-generation Enphase IQ microinverters Enphase Energy, a global energy technology company and a leading supplier of solar microinverters, and Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and […] Read more
Rs 747 Crore US Order Win for Sterling and Wilson Updated On Fri, Jun 26th, 2020 by Saurenergy Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has been awarded a USD 99 million (~INR 747 crore) contract to construct a 194 MW project in the United States of America. It is being developed by a leading sustainable energy company, and […] Read more
State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more
PFC Sanctions over Rs 1 Lakh Cr; Disburses Rs 68k Cr as Loan in FY20 Updated On Thu, Jun 25th, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has sanctioned loan amount of more than Rs 1 lakh crore during the financial year 2019-20. Further, it had disbursed about Rs 68,000 crore as loan, during FY20, including Rs 11,000 crore disbursed during the last week of March 2020, despite nationwide lockdown, said the non-banking financial […] Read more
Trump Administration Lags Obama Record for RE Approvals: CAP Updated On Thu, Jun 25th, 2020 by Saurenergy A new analysis has revealed that the Trump Administration has approved about half as many wind and solar energy projects as the Obama administration had at the same point. A new analysis by the Center for American Progress (CAP) has revealed that the Interior Department of the Trump Administration has approved about half as many wind […] Read more