Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more
Borosil Renewables, The Newest Renewable Star On The Stock Market Updated On Wed, Dec 23rd, 2020 by Saurenergy Borosil Renewables Limited, the Mumbai based firm manufacturing firm that specialises in solar glass, has had a dream run up in the stock markets. Luckily for investors, this is a firm that has some real numbers to back it up, although valuations remain a matter of hope over substance probably. The firm, formerly called Borosil […] Read more
IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal Updated On Mon, Dec 21st, 2020 by Saurenergy IndiGrid has acquired the 100 MW Indian solar portfolio of Madrid-based Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. India Grid Trust (IndiGrid) has announced in a regulatory filing that it has acquired the 100 MW Indian solar portfolio of Madrid-based developer Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. The KKR-owned Infrastructure […] Read more
China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Industry Must Work With Govt on Combatting Climate Change: Javadekar Updated On Fri, Nov 6th, 2020 by Saurenergy Prakash Javadekar has appealed to key industry leaders to work with the government on combating climate change In tune with our declaration in the Paris Summit, India will reduce it’s emission intensity by 35%, we will have 100GW Solar Power, 175 GW Renewable Energy, by the year 2022. Our actions are 2 degree compliant […] Read more
Total Portrays Resilience in Third Quarter Results Updated On Mon, Nov 2nd, 2020 by Saurenergy Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […] Read more
Total and Google Cloud Effort Spawns Solar Mapper, To Gauge Solar Potential Updated On Wed, Oct 14th, 2020 by Saurenergy French energy major Total and Google Cloud from Google have pooled their expertise to jointly develop an innovative tool, Solar Mapper, which aims to accelerate the deployment of solar panels for individuals (B2C) by providing an accurate and rapid estimate of the solar energy potential of their homes, first in Europe and then worldwide. The […] Read more