Accenture Makes Strategic Investment in Reactive Technologies Updated On Wed, Dec 16th, 2020 by Saurenergy Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […] 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
Vena Energy Selects Doosan to Deliver Queensland’s Largest Grid-Scale Energy Storage System Updated On Tue, Dec 15th, 2020 by Saurenergy Vena Energy has named Doosan GridTech as its EPC partner to build Queensland’s largest energy storage system. Vena Energy-Australia has named Doosan GridTech as its engineering, procurement, and construction (EPC) partner to build Queensland’s largest energy storage system. This battery energy storage system (BESS) will play a major role in improving grid stability and supporting […] Read more
RfP for Transmission System for Evacuation of Power from SEZ in Rajasthan Updated On Tue, Dec 15th, 2020 by Saurenergy REC seeking Transmission Service Provider to establish transmission system for the evacuation of power from SEZ in Rajasthan under phase II The Ministry of Power has appointed REC Transmission Projects to be the Bid Process Coordinator (BPC) for the purpose of selection of bidder as Transmission Service Provider (TSP) to establish transmission system for transmission […] Read more
NTPC Tenders for Solarization of 47 LDC & SIDS Member Countries of ISA Updated On Tue, Dec 15th, 2020 by Saurenergy NTPC Ltd has issued an EoI for the solarization of LDC and SIDS member countries of the International Solar Alliance (ISA). NTPC Ltd has issued an expression of interest (EoI) for the solarization of Least Developed Countries (LDC) and Small-Island Developing States (SIDS) member countries of the International Solar Alliance (ISA). ISA as part of […] Read more
SECI Extends Deadline for 100 MW Solar Plus 40 MW Storage Tender Updated On Tue, Dec 15th, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for commissioning of 100 MW solar plus 40 MW Storage project in Chhattisgarh. The Solar Energy Corporation of India (SECI) has announced that it has extended the bid submission deadline for its tender for commissioning of a 100 MW (ac) solar project (160 MWdc) along […] Read more
Tata Power Subsidiary TPMRG Commissions 100th Solar Microgrid in UP Updated On Tue, Dec 15th, 2020 by Saurenergy TPRMG, a 100 percent subsidiary of Tata Power, has commissioned its 100th solar microgrid project in Ratnapur, Uttar Pradesh (UP) While the Government of India has achieved 100 percent electrification under the Saubhagya scheme, communities in Indian states, especially, Bihar and Uttar Pradesh still have unreliable power supply and face unscheduled power cuts. Many of […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
Fitch Ratings Bumps Up IREDA Credit Ratings Updated On Mon, Dec 14th, 2020 by Saurenergy Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […] Read more
