ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
200 MW Solar Project ‘Largest in West Africa’ to Come up in Nigeria Updated On Thu, Feb 18th, 2021 by Saurenergy B&S Power and Sunnyfred Global to design, develop, finance and construct West Africa’s largest solar PV project in Nigeria. B&S Power, a Singapore based renewable energy corporation, and Sunnyfred Global, a Nigerian investment entity, have concluded arrangements in collaboration with other stakeholders and Technical Partners, to Design, Develop, Finance and Construct West Africa’s largest solar […] Read more
Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets Updated On Wed, Feb 17th, 2021 by Saurenergy An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […] Read more
The 2021 Roadmap For Solar Updated On Thu, Feb 11th, 2021 by Saurenergy With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […] Read more
Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […] Read more
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines Updated On Tue, Feb 9th, 2021 by Saurenergy MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […] Read more
Dexler Energy to Develop 13 MW Rooftop Solar Plants for Sunvik Steels Updated On Tue, Feb 9th, 2021 by Saurenergy Sunvik Steels has partnered with Dexler Energy to develop rooftop solar plants of 13 MW capacity across 2 facilities of Sunvik near Bangalore Sunvik Steels, an integrated steel manufacturer in India has announced that it has partnered with Dexler Energy for its solar power plans. Dexler has been selected to develop the rooftop solar plants […] Read more
Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] Read more
Tata Power Solar Confirms Rs 460 Crore Project Award From GSECL Updated On Fri, Jan 29th, 2021 by Saurenergy Tata Power Solar has received an LoA to build a 95 MW solar project for GSECL, the order value of the project is approximately Rs 460 crores. Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced that it has received a Letter of Award (LoA) […] Read more
