NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
MEG and Partner Develop new Plan to Facilitate Sale of 2000 EV Buses in China Updated On Fri, Jun 12th, 2020 by Saurenergy MEG and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to help facilitate the sale of more than 2000 EV buses in China Ideanomics has announced that its subsidiary – Mobile Energy Global (MEG) and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
NALCO Tenders for Electrification of Battery Room for Rooftop Solar PV Plant Updated On Tue, May 26th, 2020 by Saurenergy State-owned National Aluminium Company Ltd (NALCO) has floated a tender for the electrification of battery room for rooftop solar photovoltaic (PV) plant at the premises of its D.M. plant in S.P.P of Alumina Refinery, NALCO in Damanjodi town in Odisha. The last date and time for submitting bids is June 15, 2020, by 3:00 p.m. […] 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
Power Demand Dropped 24% in April Due to Lockdown: CRISIL Updated On Thu, May 14th, 2020 by Saurenergy With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […] Read more
NALCO Tenders for Room Construction for Rooftop Solar Batteries in Damanjodi Updated On Mon, May 11th, 2020 by Saurenergy State-owned National Aluminium Company Ltd (NALCO) has floated a tender for the construction of room for batteries of rooftop solar units at the premises of its D.M. plant in S.P.P, NALCO, Damanjodi in Odisha. The scope of work includes the construction of room for batteries of rooftop solar units; dismantling of PCC, RCC and tar […] Read more