Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh Updated On Mon, Jan 11th, 2021 by Saurenergy Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […] Read more
Can ATUM Bridge The Rooftop Solar Gap for India? Updated On Mon, Jan 11th, 2021 by Saurenergy For Hyderabad based Visaka Industries, an established firm (Rs 1057 crore revenues in 2019-20) in the construction sector with multiple product lines ranging from corrugated cement sheets, fibre cement boards, and manmade yarn, the move into Hybrid solar roofs might be the most transformational yet. Not only does the new venture mark its entry into […] Read more
Andhra Pradesh’s 6400 MW Solar Bid Challenged By Tata Power Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power Renewable Energy has managed to get a stay from the Andhra Pradesh High Court on the massive 6,400 MW ultra mega solar project. The project was being projected by the state government as a clear sign of its recovery from the disputes it created with developers and its ability to draw investor interest […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
“BIS Certification Should Be a Must For All Government Tenders”, Brijesh Prajapati Updated On Thu, Jan 7th, 2021 by Saurenergy Brijesh Prajapati, Managing Director, SofarSolar, a leading inverter firm from China, is gung ho about the prospects for his firm in India. The 7 year old SofarSolar is a young firm like many others in the sector, but has moved quickly to grab emerging opportunities in solar, especially in Hybrid Inverters linked with storage. Recently […] Read more
Xcel Energy Releases RfP For 500 MW Solar Power Generation Updated On Thu, Jan 7th, 2021 by Saurenergy U.S. based Renewable Energy Provider, Xcel Energy has released a Request for Proposals (RfP) for the generation of approximately 500 MW of solar power near its Sherburne County (Sherco) Generating Station in Becker, Minnesota. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across parts of eight Midwestern and Western states, […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
