NMAMIT Team Transforms ICE Vehicle to Electric Vehicle Updated On Thu, Aug 13th, 2020 by Saurenergy A team from the Department of Electrical & Electronics Engineering at the NMAMIT has transformed an ICE vehicle into an energy efficient Electric Vehicle. A team of students and teachers of the Department of Electrical & Electronics Engineering at the NMAM Institute of Technology (NMAMIT) in Karnataka have transformed a petrol-based internal combustion engine (ICE) […] Read more
Andhra Pradesh to set up Energy Conservation Cells in Government Departments Updated On Wed, Aug 12th, 2020 by Saurenergy The government of Andhra Pradesh is planning to set up Energy Conservation Cells in all its departments to promote efficient use of energy at all levels In a bid to promote energy conservation and efficiency, the state government of Andhra Pradesh is planning to set up Energy Conservation Cells (ECC) in all its departments to promote efficient use of […] Read more
EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge Updated On Wed, Aug 12th, 2020 by Saurenergy EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Brookfield Renewable to Issue Green Bonds Worth $318.75 Mn Updated On Wed, Aug 12th, 2020 by Saurenergy Brookfield Renewable Partners has agreed to issue USD 318.75 million aggregate principal amount of medium-term notes (green bonds). Brookfield Renewable Partners has announced that it has agreed to issue CDN$ 425 million (USD 318.75 million) aggregate principal amount of medium-term notes (green bonds), Series 14, due August 13, 2050, which will bear interest at a […] Read more
EESL Tenders for 279 MW of Solar Power Systems in Maharashtra Updated On Wed, Aug 12th, 2020 by Saurenergy EESL has tendered for the commissioning of 279 MW (cumulative) solar systems of capacities ranging between 2 MW and 10 MW across Maharashtra. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has issued a tender for the commissioning of 279 MW (cumulative) solar power generating systems (SPGS) […] Read more
Renewables in 2020 Will be Fastest-Growing Source of Electricity in the US: EIA Updated On Wed, Aug 12th, 2020 by Saurenergy The EIA has revealed that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. The US Energy Information Administration (EIA) has revealed in its Short Term Energy Outlook (STEO) that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. It has […] Read more
PTC India Reports net Profit of Rs 100 Crore in April-June Quarter Updated On Wed, Aug 12th, 2020 by Saurenergy PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […] Read more
NHDC Tenders for 25 MW Floating Solar Park in Madhya Pradesh Updated On Tue, Aug 11th, 2020 by Saurenergy NHDC has issued a tender, for eligible firms to take up the EPC work for 25 MW floating solar power park at the Omkareshwar reservoir in Madhya Pradesh NHDC Limited, a JV company of NHPC Ltd and the Government of Madhya Pradesh, has issued a tender, inviting bids from eligible firms for taking up the […] Read more