EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island Updated On Mon, Sep 7th, 2020 by Saurenergy Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […] Read more
Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers Updated On Mon, Sep 7th, 2020 by Saurenergy The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […] Read more
Delhi’s IGI Airport Exploring Clean Energy Alternatives Updated On Mon, Sep 7th, 2020 by Saurenergy DIAL which operates the IGI Airport is looking at alternative solutions for generating clean and green energy, a top company official has confirmed. The Delhi International Airport Ltd (DIAL), a joint venture which is led by the GMR Group, which operates the Indira Gandhi International (IGI) Airport in the Capital is looking at alternative solutions […] Read more
Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
Sterling and Wilson Bags Two Solar Projects Worth 300 MW in Australia Updated On Mon, Sep 7th, 2020 by Saurenergy Sterling and Wilson Solar has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects worth 300 MW in Australia. Sterling and Wilson Solar has announced that it has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects in Australia. The firm […] Read more
Study Reveals Tipping Points to Drive Mainstream EV Adoption in India Updated On Mon, Sep 7th, 2020 by Saurenergy A major new study by Castrol has revealed the ‘tipping points’ to achieve mainstream electric vehicle (EV) adoption in India. A major new study released by Castrol draws on the views of consumers, fleet managers and automotive industry leaders from across India to reveal the factors driving EV buying decisions. The report ‘Accelerating the EVolution’ […] Read more
UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12 Updated On Fri, Sep 4th, 2020 by Saurenergy On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […] Read more
Ontario Wasted Enough Clean Electricity to Power 720,000 Homes in 2019: Report Updated On Fri, Sep 4th, 2020 by Saurenergy OSPE has revealed that Ontario wasted a total of 6.5 TWh of clean electricity in 2019 – an amount sufficient to power 720,000 average homes for one year. The Ontario Society of Professional Engineers (OSPE), the voice of Ontario’s engineering community, has released updated data on curtailed (wasted) energy, following its 2019 Retail Electricity Price […] Read more