KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
“Where There Is Demand At Retail Level, Our Modules Should Be There” Updated On Thu, Dec 2nd, 2021 by Saurenergy In this conversation with SaurEnergy, Rahul Bhutiani, Head, Sales and Marketing at Adani Solar spoke about the firm’s plans and views. With the Adani Group committing itself to some of the most ambitious targets in renewable energy, at 25 GW by 2025 and 40 GW by 2030, Adani Solar’s task is cut out, as a […] Read more
Continued Tariffs On Module Imports to US On Agenda For Biden Updated On Thu, Nov 25th, 2021 by Saurenergy While a court ruling might have dented some of the tariffs imposed on module imports, in this case Bifacial module imports to the US, the odds of Trump era tariffs continuing remain high for the foreseeable future. This is as much due to continuing tensions with China, the key target, than the need to allow […] Read more
US Court Exempts Bifacial Module Imports From Tariffs, in Win For SEIA Updated On Wed, Nov 17th, 2021 by Saurenergy The US developer driven Solar group, Solar Energy Industries Association (SEIA) has managed to successfully petition the U.S. Court of International Trade (CIT) to reinstate bifacial solar modules’ exemption from the Section 201 tariffs on imported solar modules. The move is a big win for the SEIA which was also joined by major utility developers […] Read more
Thermal Generators Allowed To Bundle Renewable In Existing PPA’s Updated On Wed, Nov 17th, 2021 by Saurenergy In one of a promised series of moves to encourage more renewable adoption, the Power Ministry and MNRE have revised guidelines for thermal power producers to allow them to add renewable energy within existing PPA’s. The move has been backed by Power and MNRE Minister R.K. Singh. The new guidelines provide for thermal generation companies […] Read more
Adani Green’s Q2 Analyst Call Highlights Updated On Tue, Nov 16th, 2021 by Saurenergy Adani Green Energy Limited, the main vehicle leading the group’s green energy push as a developer held it’s analyst call on October 29, shortly after its Q2 results were declared. While the results highlighted the strong growth, as well as the closure of the 5 GW SB Energy deal, starting up of PPA’s under the […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
MNRE Acknowledges Supply Disruptions In PV Imports With Order On Dispute Resolution Updated On Fri, Nov 5th, 2021 by Saurenergy It is no secret that import schedules of PV modules and even cells have been hit in recent months due to the series of disruptions in the exporting markets, especially China, and linked to that, even some of the main South East Asian exporters. With developers finally running into the delays that have been predicted, […] Read more
Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more