Can Repowering Deliver 10 GW of Wind Energy for India? Updated On Mon, Jun 29th, 2020 by Saurenergy A wind energy deal late last week has provided food for thought to policy makers in India too. A collective, or cooperative of close to 200 farmers in the Netherlands have managed to get funding to build one of the largest onshore wind farms in the country. the money will be used to replace over […] Read more
Inox Wind Net Loss Widens to Rs 192.17 Cr in Q4 Updated On Sat, Jun 27th, 2020 by Saurenergy Inox Wind, a leading wind energy solutions provider in India, has reported its consolidated net loss widened to Rs 192.17 crore during the fourth quarter ended March 31, 2020, on the back of higher expenses. The consolidated net loss of the company stood at Rs 53.56 crore during the same period a year ago, the […] Read more
NTPC PAT Drops 70% to Rs 1,524 Cr in Q4 on Higher Tax Provisioning Updated On Sat, Jun 27th, 2020 by Saurenergy State-run power giant NTPC has reported a drop of more than 70 per cent in its consolidated net profit after tax (PAT) at Rs 1,523.77 crore during the January-March quarter mainly on account of higher tax provision under the ‘Vivad Se Vishwas’ scheme. The consolidated PAT of the company stood at Rs 5,161.39 crore during the corresponding […] Read more
Vestas, Rabobank, Windpark Ink Pact for Netherland’s Largest Onshore Wind Park Updated On Sat, Jun 27th, 2020 by Saurenergy Danish wind turbine major Vestas has entered into a partnership with Rabobank and Windpark Zeewolde B.V. to build Netherland’s largest onshore wind project. Also, the three companies have closed the contracts for wind turbines and financing for the Windpark Zeewolde project in the Netherlands. The Windpark Zeewolde wind project is a unique collaboration of over […] Read more
Duke Energy Grants $9 Lakh to Support Job Training Programs in North Carolina Updated On Fri, Jun 26th, 2020 by Saurenergy Duke Energy, a leading energy company in the US, awarded USD 903,828 in grants to support apprenticeship job training programs at 8 community colleges in North Carolina. Moreover, this grant is in line with its 2017 commitment to fund USD 5 million in apprenticeship programs at community colleges across the state. Commenting on the development, Peter Hans, president of the NC […] Read more
Sterlite Power Buys SPV from PFC to Execute Large ISTS Project Updated On Fri, Jun 26th, 2020 by Saurenergy Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […] Read more
Vestas Bags 48 MW Wind Turbine Order in Vietnam Updated On Fri, Jun 26th, 2020 by Saurenergy Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. This […] Read more
Enphase and Q CELLS Announce AC Module Partnership Updated On Fri, Jun 26th, 2020 by Saurenergy Enphase Energy and Q CELLS have announced a strategic partnership to develop AC Modules (ACMs) based on seventh-generation Enphase IQ microinverters Enphase Energy, a global energy technology company and a leading supplier of solar microinverters, and Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and […] Read more
PFC Sanctions over Rs 1 Lakh Cr; Disburses Rs 68k Cr as Loan in FY20 Updated On Thu, Jun 25th, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has sanctioned loan amount of more than Rs 1 lakh crore during the financial year 2019-20. Further, it had disbursed about Rs 68,000 crore as loan, during FY20, including Rs 11,000 crore disbursed during the last week of March 2020, despite nationwide lockdown, said the non-banking financial […] Read more
