Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA Updated On Fri, Jul 24th, 2020 by Saurenergy While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […] Read more
Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report Updated On Fri, Jul 24th, 2020 by Saurenergy According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […] Read more
Iberdrola Improves bid for Infigen Takeover to €552.8 Million Updated On Fri, Jul 24th, 2020 by Saurenergy Iberdrola has announced that after its conditions were met by Infigen stakeholders, it has now upped its takeover bid for the firm to ~ EUR 552.8 million. Spanish energy conglomerate Iberdrola has announced that after its conditions were met by further acceptance of the takeover bid by shareholders of Australian renewable energy firm Infigen Energy, […] Read more
Azure Power Secures Letter of Award for 2 GW Greenshoe Option From SECI Updated On Fri, Jul 24th, 2020 by Saurenergy Azure Power has received the LOA for a 2 GW ISTS solar project with SECI pursuant to the exercise of a greenshoe option as part of an earlier 2 GW win. Azure Power, a leading solar power producer in India, has announced that it has received the letter of award (LOA) for a 2 GW […] Read more
Greenko and Onyx Insight Partner in Condition Monitoring 1st for Indian Renewables Updated On Fri, Jul 24th, 2020 by Saurenergy In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight, a leading global predictive analytics and engineering firm, to modernise 500 […] Read more
RenewSys to Provide PPE Kits to 21 eye Hospitals and Vision Centres Updated On Thu, Jul 23rd, 2020 by Saurenergy The fight against COVID 19 continues even as the unlocking phase has begun across India. RenewSys, the renewable energy division of the ENPEE Group, has been undertaking initiatives on various fronts to safeguard the health and overall wellbeing of its stakeholders and of communities across India. In an effort to support the continued smooth functioning […] Read more
Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative Updated On Thu, Jul 23rd, 2020 by Saurenergy Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […] Read more
Vestas Secures Turbine Orders Worth 191 MW in Vietnam and Japan Updated On Thu, Jul 23rd, 2020 by Saurenergy Vestas has announced that it has secured three turbine orders worth a combined 191 MW capacity for three projects in Vietnam and Japan. The leading wind turbine manufacturer and supplier in the world – Vestas has announced that it has won three orders worth a combined 191 MW for projects in Vietnam and Japan. The […] Read more
Record Number of Microgrids Installed in US Last Year: WoodMac Updated On Thu, Jul 23rd, 2020 by Saurenergy 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […] Read more
