ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India Updated On Thu, Nov 28th, 2019 by Saurenergy ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […] Read more
Kinetic Green Collaborates With Autoline to Develop E-Cycles Updated On Thu, Nov 28th, 2019 by Saurenergy Kinetic Green has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Pune-based electric vehicle (EV) maker Kinetic Green said it has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Under the alliance, Autoline will undertake the development of the […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Facebook Signs PPA for Procuring 61.6 MW Solar Energy Updated On Sat, Nov 23rd, 2019 by Saurenergy Apex Clean Energy has announced that Altavista Solar has executed a PPA with Facebook for a 61.6 MW portion of the project. Apex Clean Energy has announced that Altavista Solar has executed a power purchase agreement (PPA) with Facebook for a 61.6 MW portion of the project. Altavista Solar will become the first solar energy […] Read more
India to Organize Summit on Smart & Green Mobility in Nov Updated On Thu, Nov 21st, 2019 by Saurenergy The another interesting highlight of the mobility summit would be the participation of experts working with leading international scientific & research organizations and testing laboratories from across the world. The government is organizing a mobility summit, NuGen Mobility Summit 2019, in the month of November this year based on the theme smarter and greener future […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Enel Green Power Begins Work on 299 MW US Wind Farm Updated On Wed, Nov 20th, 2019 by Saurenergy Enel Green Power North America has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Enel, through its US-based renewable company Enel Green Power North America, has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Expected to be fully operational […] Read more
Shtigen Energy Commissions Armenia’s Largest Commercial PV Project Updated On Tue, Nov 19th, 2019 by Saurenergy Shtigen Energy Systems, one of the leading EPC’s in Armenia, has recently commissioned Armenia’s largest commercial solar power station named ArSun. Furthermore, the 2 MW (AC) photovoltaic (PV) plant, with 2.2 MW (DC) PV panels installed, will supply power to Hrazdan community. This project used latest PV technologies including peak shaving, bifacial half-cut cells etc. […] Read more
Andhra Government Makes Key Amends to its Energy Policies Updated On Tue, Nov 19th, 2019 by Saurenergy The state government of Andhra Pradesh has made several key changes to its policies on solar, wind and hybrid power The Andhra Pradesh government has made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the […] Read more
