Vestas Secured Orders Worth 417 MW in the Netherlands and USA Updated On Wed, Dec 30th, 2020 by Saurenergy Vestas has announced that it has secured two orders worth a combined 417 MW in wind turbine deliveries for new projects in the USA and repowering contracts in the Netherlands. The first order is from SwifterwinT op Land, a collaboration of more than 170 residents and entrepreneurs in the Netherlands, which has placed a 207 MW […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October Updated On Mon, Dec 7th, 2020 by Saurenergy Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
NTPC to Install Solar Systems in SDMC Buildings in Delhi Updated On Wed, Nov 25th, 2020 by Saurenergy SDMC has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings, will sign an MoU with NTPC. The South Delhi Municipal Corporation (SDMC) has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings. The municipal corporation will now sign a memorandum of understanding (MoU) with […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
Iberdrola and Volvo Car España agree to promote electric mobility in Spain together Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola and Volvo Car España have signed a framework cooperation agreement to promote sustainable mobility, under which the energy group will supply charging solutions for the car manufacturer’s Recharge vehicle range in Spain. The solution that Iberdrola and its portfolio company Wallbox will supply to Volvo is designed to make charging its customers’ vehicles easier […] Read more
Andhra Govt has Plans in Place to fit Electric Batteries in Autos Updated On Fri, Oct 23rd, 2020 by Saurenergy The Andhra government is mulling replacing existing IC engines in autos with electric batteries in a move aimed at lowering pollution levels in the major cities. The Andhra Pradesh government is mulling replacing existing internal combustion (IC) engines in auto-rickshaws (autos) plying in the key districts of the state with electric batteries in a move aimed at […] Read more
Magenta Strengthens Executive Team With Scott Pharr As Advisor Updated On Tue, Oct 13th, 2020 by Saurenergy The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […] Read more
