Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019 Updated On Fri, May 1st, 2020 by Saurenergy AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […] Read more
SK Innovation Increases Investment in US EV Battery Business to $2.5 Bn Updated On Fri, May 1st, 2020 by Saurenergy SK Innovation has announced that it plans for additional investment in its US battery business, to fund the start of construction of a 2nd EV battery plant. South Korea-based SK Innovation has announced that it plans for additional investment in its US battery business, following approval by its Board of Directors to fund the start of construction of a […] Read more
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
