China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
MoU Signed Between Banks and BEE for Power Efficiency Projects Updated On Wed, Dec 16th, 2020 by Saurenergy APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […] Read more
CM Mamata Banerjee Lauds Eco Friendly Approach In Bengal Updated On Tue, Dec 15th, 2020 by Saurenergy In a tweet yesterday, Chief Minister of West Bengal Mamta Banerjee claimed that Bengal has been the pioneer state in introducing environment-friendly transportation on such a large scale. “With environment-friendly electric bus and CNG bus service, Kolkata has also bagged international C40 Award for electric transportation system”, Mamata wrote. Today is National Energy Conservation Day. […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service Updated On Tue, Dec 15th, 2020 by Saurenergy Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […] Read more
DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations Updated On Tue, Dec 15th, 2020 by Saurenergy DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […] Read more
Tata Power Subsidiary TPMRG Commissions 100th Solar Microgrid in UP Updated On Tue, Dec 15th, 2020 by Saurenergy TPRMG, a 100 percent subsidiary of Tata Power, has commissioned its 100th solar microgrid project in Ratnapur, Uttar Pradesh (UP) While the Government of India has achieved 100 percent electrification under the Saubhagya scheme, communities in Indian states, especially, Bihar and Uttar Pradesh still have unreliable power supply and face unscheduled power cuts. Many of […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
Arctech Solar Trackers Lead Among Those Used At 3.2GW Solar Park in China Updated On Mon, Dec 14th, 2020 by Saurenergy Arctech Solar has delivered its advanced 1P tracker SkyLine to a 3.2GW solar park, declared on 11th December 2020. The park, now the world’s largest solar plant located in Qinghai, China was connected to the grid last month. Arctech has been a focused player in the solar tracker space, which has expanded its offerings to […] Read more
