EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
Goldi Solar Ranked Among ‘Bankable Tier 1’ Solar Module Makers by BNEF Updated On Mon, Feb 24th, 2020 by Saurenergy Gujarat-headquartered Goldi Solar Pvt Ltd has been ranked among the ‘Bankable Tier 1’ solar module makers by the Bloomberg New Energy Finance (BNEF), an international research organisation, for the first quarter of 2020. BloombergNEF has developed its tiering system for photovoltaic (PV) module manufacturers to create a transparent differentiation between hundreds of manufacturers of solar […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Off-Grid Solar Industry now a USD 1.75 Billion Annual Market: Report Updated On Mon, Feb 24th, 2020 by Saurenergy The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy to 420 million users, a new report has shown The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid […] Read more
NIWE Issues EOI for 1 MW Rooftop Solar PV Plant in Chennai Updated On Mon, Feb 24th, 2020 by Saurenergy NIWE on behalf of CMWSSB has issued an EOI for setting up of a 1 MW rooftop solar plant on the underground tank at Chembarambakkam WTP in Chennai. The National Institute of Wind Energy (NIWE) on behalf of the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) has issued an Expression of Interest (EOI), inviting […] Read more
Govts’ Energy Safety Nets Essential for Access to Universal Electricity, Clean Cooking: SEforALL Updated On Sat, Feb 22nd, 2020 by Saurenergy The national governments are uniquely positioned to target and support disadvantaged populations most in need of energy services by providing safety nets for those living in energy poverty, said the new research report from SEforALL. This report titled ‘Energy Safety Nets’ was released jointly by Sustainable Energy for All (SEforALL), the Overseas Development Institute (ODI), […] Read more
TNERC Approves Rs 2.91 Tariff for Procurement of 441 MW Wind Power Updated On Fri, Feb 21st, 2020 by Saurenergy TNERC has approved a tariff rate of Rs 2.91/kWh for TANGEDCO to procure nearly 441 MW of wind power through SECI for a period of 25 years. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has approved a tariff rate of Rs 2.91/kWh for the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) […] Read more
NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA Updated On Fri, Feb 21st, 2020 by Saurenergy NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
