Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec Updated On Mon, Apr 15th, 2019 by Saurenergy The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
Apple Set to Surpass its Clean Energy Goals with New Supplier Commitments Updated On Fri, Apr 12th, 2019 by Saurenergy Global tech-major, Apple has revealed that it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, the California-based tech company will exceed its goal of bringing 4 GW of […] Read more
Toyota Installs SimpleFuel Station to its Plant, Generating Hydrogen Fuel using Solar Energy Updated On Thu, Apr 4th, 2019 by Saurenergy Toyota has announced that it has newly introduced SimpleFuel to its Motomachi Plant in Toyota City, an electrolysis-based machine for hydrogen generation and filling that can produce, store, and supply hydrogen by making use of electricity generated from solar power. SimpleFuel is a product of and jointly manufactured by IVYS Energy Solutions and PDC Machines […] Read more
ABB, Rolls-Royce Ink Pact to Provide Microgrid Solutions Updated On Wed, Apr 3rd, 2019 by Saurenergy The two companies joined hands on microgrid solutions that integrate digital technology and efficient hybrid power systems. ABB and Rolls-Royce had entered into a global partnership on microgrid technology and advanced automation. As per the deal, the two companies will offer an innovative, energy-efficient microgrid solution for utilities, commercial and industrial entities. The microgrid provides […] Read more
GE Renewable Energy Secures First Order For Cypress Platform Updated On Tue, Apr 2nd, 2019 by Saurenergy GE Renewable Energy will supply its largest onshore wind turbine for Prowind’s project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GE’s Cypress platform, the company’s largest onshore wind turbine in the field. Prowind will operate […] Read more
Tata Power Solar Launches Solar Rooftop Solutions in Jaipur Updated On Thu, Mar 28th, 2019 by Saurenergy TATA Power Solar has launched its solar rooftop solutions in Rajasthan’s capital city of Jaipur After the successful launch of residential rooftop solution in Delhi, Mumbai, Bhubaneswar, Bengaluru, Chennai, Guwahati, Jamshedpur and Kolkata, Tata Power has launched its rooftop solar solutions in the pink city of Rajasthan-Jaipur. The event was inaugurated by Mr. Suman Chandrawat, […] Read more
India, China and US Account For 70% of Rise in Energy Demands: IEA Updated On Tue, Mar 26th, 2019 by Saurenergy IEA’s new report reveals that India, China and the US accounted for 70% of the global rise in energy demands last year, as demands were at a 10 year high. India, China, and the US together accounted for nearly 70 percent of the global rise in energy demands in 2018, according to a new report “The Global […] Read more
