Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter Updated On Tue, Feb 4th, 2020 by Saurenergy Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […] Read more
Teck and AES Enter Renewable PPA to Power Copper Project Updated On Tue, Feb 4th, 2020 by Saurenergy Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […] Read more
Could Ørsted Come for Solar And Storage in India? Updated On Tue, Feb 4th, 2020 by Saurenergy Ørsted , formerly DONG ( Denmark Oil and Natural Gas) was a typical energy firm a decade back, primarily making its money from oil, coal, and natural gas. Now, it has been voted the world’s most sustainable firm. How did that happen? The accolade of the world’s most sustainable firm for Ørsted , while a […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
EESL Signs MoU With BHEL to set up Public EV Charging Network Across India Updated On Thu, Jan 30th, 2020 by Saurenergy EESL has signed an MoU with BHEL to set up a network of Public Charging Infrastructure for EV at various highways across the country. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), one of the largest engineering and […] Read more
As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up Updated On Thu, Jan 30th, 2020 by Saurenergy News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […] Read more
Cenfura, C4D to Tokenise Renewable Assets in South Africa Updated On Wed, Jan 29th, 2020 by Saurenergy Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […] Read more
EDP and Engie Reach Agreement on 50:50 Offshore Wind JV Updated On Fri, Jan 24th, 2020 by Saurenergy EDP Renewables has announced the signing of an agreement with Engie to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced the signing of an agreement with Engie to create […] Read more
