Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
Vattenfall Wins Tender for Dutch Offshore Wind Projects Updated On Fri, Jul 12th, 2019 by Saurenergy Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4, with construction scheduled for 2022. Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4. In September 2018, Vattenfall was granted […] Read more
Sungrow Reaches 4 GW Milestone in Indian Market Updated On Thu, Jul 11th, 2019 by Saurenergy Sungrow has announced that its performance in India has reached 4 GW, becoming a major contributor to the decarbonisation of fast-growing Indian economy. Sungrow, a global leading inverter solution supplier for renewables, has announced that the Company’s performance in India has reached 4 GW, establishing it as a major contributor to the decarbonisation of fast-growing […] Read more
Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
CERC Approves NTPC License for Inter State Trading of Electricity Updated On Thu, Jul 11th, 2019 by Saurenergy CERC based on materials on record and its finding has directed that NTPC be issued a Category ‘I’ license for inter-State trading in electricity in India. The Central Electricity Regulatory Commission (CERC) in May had approved the application filed by NTPC Ltd. to grant the PSU with an electricity trading license in the country. The […] Read more
BHEL Floats Tender for 5 MW Floating Solar Plant Updated On Thu, Jul 11th, 2019 by Saurenergy BHEL has issued a tender setting up of a 5 MW floating solar plant for the West Bengal Power Development Corporation (WBPDCL). Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer has issued a tender for the selection of solar power developers for setting up of a 5 MW grid-connected floating solar PV […] Read more
CEL Floats Tender for 50 MW Solar Plants in Maharashtra Updated On Thu, Jul 11th, 2019 by Saurenergy CEL has issued a tender for the development of 50 MW grid-tied solar PV plants in Maharashtra. The Central Electronics Limited (CEL) has issued a tender for the development of 50 MW grid-tied solar PV plants ranging from 500 kW to 10 MW at various locations in Maharashtra. The scope of work for the selected […] Read more
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more