ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more
Efficient Storage Solutions can Meet Challenges in India’s RE Programme: Prabhu Updated On Wed, Nov 4th, 2020 by Saurenergy Efficient energy storage technology can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. Efficient energy storage technology and solutions can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. India has set an ambitious target of having 175 GW of clean energy by 2022 including 100 […] Read more
SolarEdge Announces Q3 Results, and 2025 Sustainability Targets Updated On Tue, Nov 3rd, 2020 by Saurenergy SolarEdge has announced its financial results for Q3 2020. The firm has also announced the release of its Sustainability Strategy and 2025 Goals & Targets. SolarEdge Technologies, Inc., a global leader in smart energy technology, has announced its financial results for the third quarter (Q3) ended September 30, 2020. The firm also announced the release […] Read more
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio Updated On Tue, Nov 3rd, 2020 by Saurenergy NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […] Read more
StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
As Key Trade Partners Commit To Emission Cuts, Australia’s Energy Exports In Focus Updated On Tue, Nov 3rd, 2020 by Saurenergy As several Asian investors and major countries such as Japan, China, and South Korea get ready to aim for net-zero by 2050, the future of Australia’s large coal exports is under focus. Australia, which exports over 80 percent of its coal to Asian countries, primarily China, India, Japan, and South Korea, could see almost all […] Read more
Africa To Get Its Fair Share Solar Power Soon- Report Updated On Mon, Nov 2nd, 2020 by Saurenergy The 2020 Intersolar Africa Market Report 2020, produced by Intersolar Europe in association with BSW solar (Germany) and Becquerel Institute, points to the huge potential across the African continent, and some new opportunities for solar in Africa. Africa, the continent with a population equal to India and total area of over nine times India, […] Read more
MSEDCL Petition to Float Open Tenders Under MSKVY Halted by MERC Updated On Mon, Nov 2nd, 2020 by Saurenergy MSEDCL has had its petition with MERC, seeking approval to float open tenders and taking land on lease by paying rent under MSKVY Scheme, halted for now. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) seeking approval to float Open tenders and taking land […] Read more
Okaya Completes Installation of Over 500 EV Chargers, has Orders for 10,000 More Updated On Mon, Nov 2nd, 2020 by Saurenergy Okaya Power has completed the installation of over 500 EV chargers and has over 10,000 charger installation orders with it as well. Energy storage solutions provider Okaya Power has announced that it has completed the installation of over 500 EV chargers for electric vehicles across the country. Besides this, the company has revealed that it has over […] Read more
