IndiGrid InvIT Completes Rs 660 crore Acquisition Of Fotowatio’s India Solar Assets Updated On Wed, Jul 14th, 2021 by Saurenergy IndiGrid, the Infrastructure investment trust (InvIT) has announced the formal acquisition of the entire stake in two solar energy assets with cumulative capacity of 100 MW from Spanish developer Fotowatio Renewable Ventures (FRV) at an enterprise value of Rs 660 crore. The firm had actually made a regulatory filing on these back in December 2020. […] Read more
Woodmac Predicts Low Solar Achievement Rates for India By 2030 Updated On Tue, Jul 13th, 2021 by Saurenergy Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030. China To Remain Leader Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […] Read more
Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction Updated On Mon, Jul 12th, 2021 by Saurenergy We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […] Read more
Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India Updated On Thu, Jul 8th, 2021 by Saurenergy Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […] Read more
Tata Power & US firm AutoGrid to Deploy Smart Energy Management System in Delhi Updated On Wed, Jul 7th, 2021 by Saurenergy Tata Power Delhi Distribution Limited is partnering with California-based AutoGrid to deploy artificial intelligence based smart energy management system in Delhi. The two companies are jointly launching a behavioural demand response program for the former’s residential customers to reduce peak demand and network capital costs. This pilot project aims to empower customers, by helping them […] Read more
Samsung & Q CELLS Join Forces for ‘Zero Energy Home’ Solutions Updated On Wed, Jul 7th, 2021 by Saurenergy Samsung Electronics and Q CELLS have announced a new strategic partnership that will see the two companies combine their technological expertise to provide “zero energy home” solutions. A zero energy home is one that becomes energy self-sufficient by only utilizing energy that is drawn from the home itself. This self-sufficiency is achieved by both producing […] Read more
India Explores Aluminium-Ion Battery As Demand For Lithium Spikes Updated On Wed, Jul 7th, 2021 by Saurenergy Being the third-largest oil importer in the world, in its drive to minimize dependency on oil and fuel imports, India is advancing in a battery technology that uses aluminum rather than lithium as the key ingredient. As far as Aluminum Battery is concerned, recently the Indian Oil Corporation (Indian Oil) has announced that it has established a […] Read more
Tirupati to Adopt Energy-efficient Practices, Installing 2 MW Rooftop Solar Updated On Mon, Jul 5th, 2021 by Saurenergy The nation’s richest temple trust, which manages the Tirumala Venkateswara Temple in Andhra Pradesh, has taken more steps to go green. The Tirumala Tirupati Devasthanams (TTD) is going to green with efficient energy practices along with a water management system. The Bureau of Energy Efficiency (BEE) has given acquiescence to AP State Energy Conservation Mission […] Read more
NTPC, ONGC To Focus On Offshore Wind Energy Developments ? Updated On Mon, Jul 5th, 2021 by Saurenergy News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC) joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered relevant as power generation has not been its forte, and offshore wind offers […] Read more
