Plans To Prepare Grid For 500 GW Of Renewables Announced For India Updated On Wed, Dec 7th, 2022 by Saurenergy India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […] Read more
NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts Updated On Wed, Dec 7th, 2022 by Saurenergy India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […] Read more
Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option Updated On Wed, Dec 7th, 2022 by Saurenergy North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […] Read more
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021 Updated On Wed, Dec 7th, 2022 by Saurenergy A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […] Read more
JSW Energy Commissions 27 MW Wind Energy Plant Updated On Wed, Dec 7th, 2022 by Saurenergy The commissioning of 27 MW of wind energy generation capacity was part of the first phase of JSW Energy’s 450 MW wind project at Tuticorin in Tamil Nadu, according to an announcement. In a BSE filing, the company announced that “JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
Big Win For Sungrow In Brazil With 580 MW Solutions for Voltalia Updated On Tue, Dec 6th, 2022 by Saurenergy Sungrow, the global market leader in the supply of photovoltaic inverters, is supplying the PV inverters for the Serra do Mel 1&2 Photovoltaic Complex, owned by French energy major Voltalia, with operations in 20 countries. The Brazilian project is located in the state of Rio Grande do Norte. The photovoltaic plants located in Rio Grande […] Read more
E-battery recycler Lohum Aims to Increase Topline by Three Times This Fiscal Updated On Mon, Dec 5th, 2022 by Saurenergy Greater Noida-based manufacturer and recycler of lithium-ion battery packs, Lohum has stated that strong demand is expected to fuel a three-fold increase in its topline this fiscal year to over Rs 300 crore. According to Lohum Cleantech, the lithium-ion battery business is predicted to grow 11-fold between 2020 and 2030, prompting the company to develop […] Read more
India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan Updated On Fri, Dec 2nd, 2022 by Saurenergy A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India’s multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that its continuous dedication to its environmental, social, and governance (ESG) […] Read more
