Will ADITYA Succeed Where UDAY failed? Updated On Thu, Jan 16th, 2020 by Saurenergy Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […] Read more
Enhanced Capital Closes Financing of 10.25 MW Solar Portfolio Updated On Thu, Jan 9th, 2020 by Saurenergy Enhanced Capital has financed a solar energy portfolio worth 10.25 MW in collaboration with GSPP, generating clean energy in California, New York, etc. Enhanced Capital, a national investment firm, announced that it has financed a solar energy portfolio in collaboration with Green Street Power Partners (GSPP), generating clean energy in New Jersey, California, Connecticut, New […] Read more
EESL, HPCL Join Hands to Develop EV Charging Infrastructure Updated On Tue, Dec 31st, 2019 by Saurenergy In a bid to promote electric vehicles (EV) under the National Electric Mobility (e-mobility) Programme, government-backed Energy Efficiency Services Limited (EESL) has entered into a two-year Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to set up public charging infrastructure. Further, the objective behind the MoU was synergising business development for setting up […] Read more
Iberdrola Finalises Construction of its 500 MW Solar Plant in 1 Year Updated On Mon, Dec 30th, 2019 by Saurenergy Iberdrola has announced that it has completed the construction of Europe’s biggest solar photovoltaic plant, the Núñez de Balboa project in just one year. Iberdrola has announced that it has completed the construction of what is now Europe’s biggest solar photovoltaic plant, the Núñez de Balboa project in just one year. The project had recently […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
LS Power to Acquire EV Charging Solutions Firm EVGo Updated On Tue, Dec 24th, 2019 by Saurenergy LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US LS Power, a US power and energy infrastructure owner, has announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the largest and most […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
AfDB and EU to Provide €12 mn for Electrification of Rural Areas in Togo Updated On Mon, Dec 23rd, 2019 by Saurenergy AfDB, EU and the Togolese government have signed an agreement for 12 million euros to support the CIZO rural electrification program from Togo (PRAVOST). The African Development Bank (AfDB), the European Union (EU) and the Togolese government have signed an agreement of some 12 million euros as part of the project to support the […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
