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
Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more
Italy’s Eni Accelerates Shift to Decarbonisation with New Solar Plants in Tunisia and Pakistan Updated On Thu, Mar 14th, 2019 by Saurenergy Eni S.p.A. an Italian oil and gas major has commenced work on the construction of two new solar photovoltaic projects in Pakistan and Tunisia. The Pakistan plant will be built in close proximity to the Bhit gas field at which Eni is the operator with a 40% stake, through its subsidiary Eni New Energy Pakistan. […] Read more
Adani Begins Solar Panel Retailing in Rajasthan Updated On Wed, Mar 6th, 2019 by Saurenergy The company plans to collaborate with a channel partner for every state to expand its retail footprint across the country. The Adani Group’s solar manufacturing arm has ventured into the retail business of solar panels in the state through channel partner Ahinsa Solar. Chief Marketing Officer of Adani Solar, Prashant Mathur, said the company plans to collaborate with […] Read more
NIT For 1200 MW Wind-Solar Hybrid Projects Tranche-II Updated On Thu, Feb 28th, 2019 by Saurenergy SBE Renewable and Mahoba Solar Private Limited were awarded a total 840 MW capacity of the tendered 1200 MW capacity of the Tranche-I tender. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1200 MW ISTS-Connected Wind-Solar Hybrid Power Projects (Tranche-II) on a […] Read more
Inox Wind Licenses AMSC’s 3 MW Class Wind Turbine Design Updated On Thu, Feb 28th, 2019 by Saurenergy Under the agreement, AMSC will be the exclusive supplier of electric control systems (ECS) for Inox’s 3 MW class wind turbine. AMSC, a global energy solutions provider serving wind and power grid industry leaders, has announced that it has entered into an exclusive license agreement for a 3 MW class wind turbine design in India […] Read more
GE T&D India to Set Up PowerGrid’s Substation in Gujarat For Wind Power Evacuation Updated On Mon, Feb 25th, 2019 by Saurenergy Through this project, GE will help evacuate around 2500 MW of wind power generated in Gujarat. GE T&D India, part of GE’s Grid Solutions business in India, has been awarded a Rs 162 crore contract by Power Grid Corporation of India Limited (PGCIL) to extend the 765kV AIS Substation and setting up a new 400kV […] Read more
Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
