Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects Updated On Thu, Nov 18th, 2021 by Saurenergy Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […] 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
Virescent RE Trust Ties-Up INR 2,150 Cr of Debt Financing Updated On Tue, Nov 16th, 2021 by Saurenergy Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT), has raised INR 1000 crore in its debut issuance across 3, 5 and 7 year tranches. This transaction marks the first-ever issuance by a renewable energy InvIT in India. The company will primarily use the proceeds to refinance existing debt at the Special Purpose Vehicle […] Read more
Norway Will Help Vietnam Uncover its Offshore Wind Power Potential Updated On Mon, Nov 15th, 2021 by Saurenergy Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the ‘Vietnam Supply Chain Study Report’ to Vietnamese Minister of Industry and Trade Nguyen Hong Dien. The 70-page report provides an overview of the entire supply chain for Vietnam’s offshore wind industry, recommendations on what Vietnam can prioritise to stimulate the […] Read more
Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss Updated On Mon, Nov 15th, 2021 by Saurenergy Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […] Read more
There Is Massive Potential For Decentralised Renewable Energy Appliances Updated On Mon, Nov 15th, 2021 by Saurenergy Tushar Devidayal, the founder & CEO of Devidayal Solar Solutions Pvt Ltd (DD Solar) founded the firm in 2015. With an MBA from London Business School, he decided to focus on designing and developing high quality, certified off-grid appliances like solar DC refrigerators, BLDC fans and coolers. The firm has made steady progress with its vision. An […] Read more
South India’s Largest Renewable Energy Expo, RenewX Returns With 5th Edition Updated On Mon, Nov 15th, 2021 by Saurenergy Informa Markets in India, has announced the 5th edition of RenewX, a two-day Renewable Energy trade expo slated on November 19 and 20, 2021 at the Hitex, Hyderabad. RenewX 2021 will provide an Industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for generating business opportunities. The expo aims to […] Read more
China’s Largest PV Plant In Quinghai Offers A study On Co-Existing With Nature Updated On Fri, Nov 12th, 2021 by Saurenergy China’s Tara Beach, located 60 kilometres southeast of Qinghai Lake, in the island province of Hainan, is bathed with a blue sea of solar panels. It houses the world’s largest renewable energy base that was built by Huanghe Hydropower Development, a state-owned utility company, with technological contributions from ICT provider Huawei. A 2.2 GW solar plant — the Tara […] Read more
Self Sustaining Off Grid Options In Remote Areas Can Lead To Technological As Well As Social Changes Updated On Fri, Nov 12th, 2021 by Saurenergy Ashutosh Verma, Founder at Exalta India, a startup focused on the sustainability space has seen the market evolve from solar powered devices to a demand for EV’s today. It’s a market where his firm has tried to offer a product for each need. We spoke to him about his firm, and plans for the future. […] Read more
