GE Renewable Energy Wins Gujarat’s 102.6 MW Wind Project from Powerica Updated On Thu, May 21st, 2020 by Saurenergy USD 15 billion wind energy giant GE Renewable Energy on Thursday said that it has won the 102.6 MW of wind turbine project in Gujarat from Naresh Oberoi-led Powerica Ltd. As per the deal, GE will supply 38 of its 2.7-132 onshore wind turbines, designed for low wind speed conditions, to be installed at the […] Read more
Discoms in Bihar Enjoying Perks of Installing EESL’s Prepaid Smart Meters amid Lockdown Updated On Thu, May 21st, 2020 by Saurenergy Amidst nationwide lockdown where most of the Discoms are dealing with outstanding dues mainly on account of long-pending bill payments from their customers, some of the power distribution companies (Discoms) in Bihar are earning Rs 5 lakh per day prepaid revenue through EESL-led smart metering programme. Bihar became the first state in India which has […] Read more
Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan Updated On Thu, May 21st, 2020 by Saurenergy Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
Govt to Solarize Konark Surya Mandir, Town in Odisha with 100% Financial Assistance Updated On Wed, May 20th, 2020 by Saurenergy After aiming for the complete solarization of sun-temple town in Gujarat’s Modhera, the Ministry of New and Renewable Energy (MNRE) has now issued fresh guidelines for 100 percent solarization of Konark sun temple, which is popularly known as Surya Mandir, along with the Konark town in Odisha. Through this scheme, the government aimed to meet […] Read more
Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL Updated On Wed, May 20th, 2020 by Saurenergy Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […] Read more
EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
GE Renewable Energy to Supply Turbines for 193 MW Project in Turkey Updated On Tue, May 19th, 2020 by Saurenergy GE Renewable Energy has been selected by Fina Enerji to supply 52 of its 3 MW platform onshore wind turbines for four wind projects worth 193 MW in Turkey GE Renewable Energy has announced that it has been selected by Fina Enerji to supply 52 of its 3 MW platform onshore wind turbines for four […] Read more
