ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP Updated On Wed, Mar 20th, 2019 by Saurenergy The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […] Read more
India, Maldives Exchange MoUs on Energy Efficiency Updated On Tue, Mar 19th, 2019 by Saurenergy India and Maldives have signed one agreement and two MoU, including collaboration in the field of energy efficiency and renewable energy, in the presence of Sushma Swaraj and her Maldivian counterpart Abdulla Shahid. India and Maldives signed an agreement on the exemption from visa requirement for holders of diplomatic and official passports, while, the MoUs exchanged focused on Indian Grant Assistance for the implementation of High Impact Community Development Projects […] Read more
AfDB Pledges $25 Bn to Climate Finance For 2020-25 Updated On Tue, Mar 19th, 2019 by Saurenergy Key Bank projects include the co-financing of the 510 MW Ouarzazate Solar Complex in Morocco, one of the largest solar complexes in the world. The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi. Akinwumi A. Adesina said […] Read more
MNRE Warns Public Against Fraudulent Websites Under KUSUM Scheme Updated On Tue, Mar 19th, 2019 by Saurenergy MNRE warns public against fake websites under the KUSUM scheme. The Ministry of New and Renewable Energy (MNRE) has in its latest advisory warned the general public against fraudulent websites for registration under the Kisan Urja Suraksha exam Utthaan Mahabhiyan (KUSUM) scheme. “It has been noticed that few websites have cropped up claiming to be […] Read more
India Ranks 4th in the World by Wind Energy Capacity Updated On Mon, Mar 18th, 2019 by Saurenergy According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […] Read more
Vestas and Utopus Insights to Pilot Energy Forecasting Solutions For RE Plants in Australia Updated On Mon, Mar 18th, 2019 by Saurenergy The pilot program will aim to improve the energy system stability and increasing the potential revenue generation for customers. With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting […] Read more
First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
Private Companies Appeal to Political Parties to Put Renewable Energy in Poll Manifestos Updated On Mon, Mar 18th, 2019 by Saurenergy A total of 160 private companies and NGOs have made an appeal to all political parties to include decentralised renewable energy solutions in their manifestos for the general elections. The appeal was signed by Panasonic India, Barefoot Power, CSIR-NEERI, Observer Research Foundation, Prayas Energy Group, and several others. The appeal was sent on behalf of […] Read more
GE to Modernise Rajasthan’s Transmission Grid Updated On Sat, Mar 16th, 2019 by Saurenergy GE will modernise the Rajasthan Transmission Grid with First-of-Its-Kind Advanced Grid Management Project in India, becoming the first state to implement game-changing power transmission technology. GE Renewable Energy’s Grid Solutions business today announced that it has been awarded a technology-driven grid modernisation project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as part of the […] Read more
