L&T Transmission and Distribution Business Bags Large Contracts Updated On Tue, Sep 8th, 2020 by Saurenergy L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […] Read more
EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island Updated On Mon, Sep 7th, 2020 by Saurenergy Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
REC Arm ‘REC-PDCL’ Wins SECI Tender for 10 MW Solar Project in Jaipur Updated On Mon, Sep 7th, 2020 by Saurenergy REC Limited has announced that its arm REC-PDCL has emerged as the lowest bidder for a 10 MW solar project in Jaipur under an auction conducted by SECI. State-owned public Infrastructure Finance Company in the power sector REC Limited, formerly Rural Electrification Corporation, has announced that its arm REC Power Distribution Company (REC-PDCL) has emerged […] Read more
Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers Updated On Mon, Sep 7th, 2020 by Saurenergy The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […] Read more
GoodWe Listed on Shanghai Stock Exchange Updated On Mon, Sep 7th, 2020 by Saurenergy GoodWe has announced that the IPO of its common stock is now officially listed as a public limited company on the Shanghai Stock Exchange. Solar inverter and storage solutions provider GoodWe has announced that the initial public offering of its common stock is now officially listed as a public limited company on the Shanghai Stock […] Read more
Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
Sterling and Wilson Bags Two Solar Projects Worth 300 MW in Australia Updated On Mon, Sep 7th, 2020 by Saurenergy Sterling and Wilson Solar has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects worth 300 MW in Australia. Sterling and Wilson Solar has announced that it has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects in Australia. The firm […] Read more