Taiwan’s 1.98 MWp Solar Project Reaches Commercial Operation Updated On Tue, Dec 24th, 2019 by Saurenergy The Hualien Rongkai solar energy project of 1.98 MWp capacity in Taiwan has recently achieved commercial operation. Further, the 1.98 MWp solar power plant is powered by 6,384 solar modules of Canadian Solar, one of the leading solar photovoltaic (PV) module makers globally. The company said that these solar modules are certified by the voluntary product […] Read more
AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more
Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
Fortum Increases Shareholder Base for Wind Portfolio in Nordic Updated On Sat, Dec 21st, 2019 by Saurenergy Nasdaq-listed Fortum and Investment funds adviser Credit Suisse Energy Infrastructure Partners (CSEIP) entered into an agreement whereby funds advised by the latter will acquire 80 percent ownership in Fortum’s wind energy portfolio in Nordic. Although, the Finnish state-owned energy company will retain a 20 percent minority stake in this wind energy portfolio. Also, it will […] Read more
Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec Updated On Sat, Dec 21st, 2019 by Saurenergy In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […] Read more
E-Chargeup Solutions Opens New Battery Swapping Station for E-Rickshaws in Noida Updated On Tue, Dec 17th, 2019 by Saurenergy In a bid to offer a unique business model to boost the use of e-rickshaws in the country, E-Chargeup Solutions has inaugurated its new battery-swapping station (BSS) for e-rickshaws in Noida. During the occasion, Varun Goenka, Founder and CEO of E-Chargeup Solutions said that his company has been a major advocate of battery swapping as […] Read more
Economic Slowdown Affects Solar Installations in India Updated On Tue, Dec 17th, 2019 by Saurenergy The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […] Read more
Sterlite Power Wins Award for J&K Transmission Project at 2019 Global Energy Awards Updated On Mon, Dec 16th, 2019 by Saurenergy Global power transmission assets developer Sterlite Power has won the award for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir (J&K) under the category – ‘Construction Project of the Year’. The company has clinched the award during the coveted S&P Global Platts Global Energy Awards 2019. While announcing the award, Martin Fraenkel, […] Read more
SECI Issues NIT for Solar Street Lights, Fox Lights for Wildlife Sanctuary in UP Updated On Mon, Dec 16th, 2019 by Saurenergy The last date and time for submitting bids is January 14, 2020 upto 1500 hrs. Central government’s nodal agency Solar Energy Corporation of India (SECI) has issued a notice inviting tenders (NIT) for installing solar street lights and fox lights in Katarniaghat wildlife sanctuary in the state of Uttar Pradesh (UP). As per the tender, […] Read more