5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
Solar panels on Tamil Nadu’s govt office rooftops to produce 10 MW power Updated On Fri, Apr 22nd, 2022 by Saurenergy The Tamil Nadu Energy Development Authority (TNEDA) will install solar panels on rooftops of government office buildings in a bid to generate 10 MW of power, as per recent media reports. The estimated cost of the project is 50 crore and the tender process will be finalised by the end of May. According to TNEDA […] Read more
Solar power systems installed in Shimla helped save ₹1.85 cr: HP min Updated On Fri, Apr 22nd, 2022 by Saurenergy Himachal Pradesh urban development minister Suresh Bhardwaj said on Thursday that solar power systems installed in 66 government buildings in Shimla had saved electricity worth Rs 1.85 crore. He said the Smart City mission had given the state a successful model of solar energy. In a press statement issued in Shimla, the minister mentioned, “First, the […] Read more
EV Owners Will Need Separate Power Connection in Madhya Pradesh Updated On Fri, Apr 22nd, 2022 by Saurenergy In what is a being marketed as an EV friendly move, the Madhya Kshetra Vidyut Vitaran Company says that electric vehicle owners who set up charging stations will have separate power connections from the company. The provision will be applicable in all the 16 districts that come under the jurisdiction of Madhya Kshetra Vidyut Vitaran […] Read more
America’s Renewable Energy Project Completions Stumble Updated On Fri, Apr 22nd, 2022 by Saurenergy The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […] Read more
Amazon Announces New Renewable Projects of 3.5 GW Across the World Updated On Fri, Apr 22nd, 2022 by Saurenergy Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […] Read more
