Broad Reach Power to Build 15 Battery Storage Projects in Texas Updated On Wed, Jun 10th, 2020 by Saurenergy Broad Reach Power has announced that it will build 15 utility-scale battery storage plant sites in areas near Houston and Odessa in Texas by the end of 2020 Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three-gigawatt portfolio of utility-scale solar and energy storage power […] Read more
Seraphim Signs 50 MW Module Supply Agreement in Australia Updated On Wed, Jun 10th, 2020 by Saurenergy Seraphim has entered into a 50 MW high-efficiency solar modules supply agreement with Raystech Group to supply its S3 modules for projects in Australia Jiangsu Seraphim Solar System Co., Ltd. (Seraphim), one of the world’s leading solar product manufacturers, has announced that it has entered into a 50 MW high-efficiency solar modules supply agreement with […] Read more
Not Lockdown, Cooler Weather Behind Delhi’s Power Demand Gap: Credit Suisse Updated On Wed, Jun 10th, 2020 by Saurenergy The fall in power demand in Delhi has more to do with the weather than the lockdown itself, according to research by foreign brokerage, Credit Suisse The fall in power demand in Delhi has more to do with the weather than the lockdown itself. According to research by foreign brokerage, Credit Suisse, the gap in power demand versus last year levels has again expanded to […] Read more
After Total SA, More Foreign Investors Seeking Adani Partnership: Gautam Adani Updated On Wed, Jun 10th, 2020 by Saurenergy After Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani has said After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani said recently. In April, Total had invested around […] Read more
EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm Updated On Tue, Jun 9th, 2020 by Saurenergy EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […] Read more
Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
SECI Confirms Adani, Azure, as Winners of ‘Largest’ Manufacturing Linked Bids Updated On Tue, Jun 9th, 2020 by Saurenergy 12 GW solar generation capacity, and 3 GW of manufacturing/solar kit capacity. That’s what SECI has given approval to add, starting as early as 2022 by putting in motion the January 2020 tender for the largest single investment in the country’s solar sector. SECI has formally given the go ahead to Adani Green Energy for […] Read more
India, Denmark Ink MOU to Develop Long-Term Cooperation in Power Sector Updated On Mon, Jun 8th, 2020 by Saurenergy India and Denmark have signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop a strong, deep and long-term co-operation between the two countries in the power sector. The MoU was inked between the two countries on June 5, 2020, on the basis of equality, reciprocity and mutual benefit. From the Indian side, MoU […] Read more
REC Foundation Pledges to Distribute Essential Items to 5K Needy People Affected from Lockdown Updated On Mon, Jun 8th, 2020 by Saurenergy In a further step of providing relief to the needy people, REC Foundation, the CSR arm of the Central Public Sector Undertaking (CPSU) REC Ltd, has pledged to distribute 5,000 customized packets of essential items to labourers and others those affected on the back of lockdown imposed by the government to contain the spread of […] Read more