ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra Updated On Thu, Apr 30th, 2020 by Saurenergy ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […] Read more
All 102 Turbines Installed at 714 MW East Anglia ONE Offshore Wind Farm Updated On Thu, Apr 30th, 2020 by Saurenergy ScottishPower Renewables and Macquarie’s GIG have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore wind farm ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have announced that they have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore windfarm – […] Read more
Offshore Wind Energy Major Ørsted Posts Strong Q1 Numbers Updated On Thu, Apr 30th, 2020 by Saurenergy Ørsted has released its interim report for Q1 2020, reporting an operating profit of DKK 6.8 billion up 33 percent over the same quarter last year. Global offshore wind energy leader, Ørsted has released its interim report for the first quarter (Q1) of 2020. The firm has reported an operating profit (EBITDA) of DKK 6.8 […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
Sungrow Revenue Grows 25.4% in 2019, Plans to Lift R&D Investment Updated On Wed, Apr 29th, 2020 by Saurenergy With a minimal negative impact of coronavirus, Sungrow, a leading inverter solution supplier for renewables, has reported a growth of 25.4 percent to USD 1.864 billion in its revenue for 2019, against USD 1.572 billion in 2018. The inverter manufacturer shipped 17.1 GW of inverters in 2019 and touched its aggregate overseas shipments to 100 […] Read more
Wpd Enters 600 MW Offshore Wind JV to bid in Taiwanese Tender Updated On Wed, Apr 29th, 2020 by Saurenergy wpd has formed a JV with Taiwanese LeaLea Group, to develop a 600 MW offshore wind farm which is expected to be part of the third tender round in Taiwan. With several contracts, wpd is strengthening its presence and activities in Taiwan and intensifying its focus on this emerging energy market. Ahead of future tender […] Read more
Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses Updated On Tue, Apr 28th, 2020 by Saurenergy Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […] Read more
MoP Extends Deadline for Comments on Draft Electricity Bill 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy MoP has extended the deadline for submission of comments/ suggestions by the industry stakeholders on the draft Electricity (Amendment) Bill 2020. The Ministry of Power (MoP) has written to all interested stakeholders i.e. CEA, CERC, state governments, Discoms, etc. informing them of the extension in the deadline for submission of comments/ suggestions on the draft […] Read more
Every Power Station Performed Optimally amid Covid-19 Crisis: NTPC Updated On Mon, Apr 27th, 2020 by Saurenergy Amidst the ongoing crisis caused due to the spread of coronavirus pandemic, state-owned power giant NTPC, which was formerly known as National Thermal Power Corporation Ltd, said that its every power station has risen to the occasion and is performing at its optimum level. Maharatna NTPC is having a total installed capacity of 62,110 MW, […] Read more
