NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
The Woodmac Weekly Update on Renewable Energy Worldwide Updated On Tue, Apr 21st, 2020 by Saurenergy In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […] Read more
China’s March Jump in PV Exports Unlikely To Sustain Updated On Tue, Apr 21st, 2020 by Saurenergy China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
The Next Big Push. MNRE Unveils Moves to Push Manufacturing Updated On Sat, Apr 18th, 2020 by Saurenergy The Renewable energy sector, where private sector involvement has been considered critical to its growth and building further capacities, has got a new push, as far as manufacturing in India goes. This comes on the heels of the many efforts made last year to provide support for domestic manufacturing, fro the DCR (domestic content requirements) […] Read more
Reinvest 2020, BCD, Mfg. And More- Highlights from MNRE-USISPF Webinar Updated On Thu, Apr 16th, 2020 by Saurenergy At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops of reassurance, and an insight into the future for renewable energy in India, including manufacturing, as India’s MNRE sees it, with inputs from key industry leaders. You can read an earlier report on on key issues highlighted […] Read more
Fresh Covid Guidelines: RE Projects Allowed From April 20 Updated On Wed, Apr 15th, 2020 by Saurenergy The renewable energy industry, especially utility-scale solar and wind energy projects, received a small relief, in the form of permission to restart construction work on ongoing projects, as well as fresh projects possibly, from April 20 onwards. In an order dated April 15, signed by the Union Home Secretary, the order laid down the new […] Read more
Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus Updated On Wed, Apr 8th, 2020 by Saurenergy ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […] Read more
Covid-19: Gautam Adani and ‘Parivaar’ Commits to Support India in Testing Times Updated On Sat, Apr 4th, 2020 by Saurenergy Ahmedabad-based multinational conglomerate Adani Group Chairman Gautam Adani along with his ‘Parivaar’, employee workforce, has committed towards India’s fight against coronavirus pandemic. Last week, the Adani Foundation, a CSR arm of Adani Group, contributed Rs 100 crore towards PM’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). Now, its employees have contributed […] Read more
