KEC International Resumes Work at All 5 Factories; Stock Surges 4.5% Updated On Thu, Apr 30th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC) has resumed operations at all its 5 factories across the country in a phased manner after receiving necessary approvals from the relevant government authority. Most of the companies across the country had earlier in March shut down their operations post the government order for a lockdown amidst the spread […] Read more
SINN Power Builds World’s 1st Floating Ocean Hybrid Platform Updated On Thu, Apr 30th, 2020 by Saurenergy With an aim to further expand footprints, Germany based SINN Power has invited solar panel manufacturers to demonstrate and test their photovoltaic (PV) modules on a floating platform in Iraklio, Greece. The company’s motive behind the move is to internationalise its ocean hybrid platform as a complete off-grid energy solution to provide renewable energy to […] Read more
EDF Invites Indian Startups to Bring Innovative Solns for Electric World Updated On Thu, Apr 30th, 2020 by Saurenergy EDF will provide selected startups with support to help improve their reputation and project, along with accessibility to EDF network and expertise to develop further business opportunities, and enabling them to move from planning phase to commercial roll-out. The company will also provide visibility on EDF digital platforms, along with a cash prize of up […] Read more
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
Supply Disruptions from China Might Slowdown Wind Installations in India Updated On Thu, Apr 30th, 2020 by Saurenergy COVID-19 is expected to cause delays in commissioning of wind projects in India due to disruptions to the supplies from China Wind energy at one point has been the fastest growing renewable energy sector in India in terms of installed capacity. India is the world’s fourth-largest onshore wind market with a cumulative installed capacity of […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
