RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
NTPC Planning to Raise Rs 1000 Crore via Bonds Updated On Thu, Jul 30th, 2020 by Saurenergy NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […] Read more
SABIC Chemical Plant in Spain Will be the 1st to Operate on 100% RE Updated On Thu, Jul 30th, 2020 by Saurenergy The polycarbonate facility of SABIC in Spain is all set to become the world’s 1st large scale chemical plant to will run entirely on renewable energy The polycarbonate facility of SABIC in Spain is all set to become the world’s first large scale chemical production plant to run entirely (100 percent) on renewable energy after it agreed […] Read more
Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain Updated On Thu, Jul 30th, 2020 by Saurenergy Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
Sembcorp Dedicates 800 MW of Wind Projects In India With MNRE Minister Updated On Wed, Jul 29th, 2020 by Saurenergy At a special virtual event, Sembcorp Energy India Limited with its key management personnel, as well as the Union Minister for Power and MNRE, R.K. Singh present, dedicated 800MW of Wind Energy projects from SECI’s tranche 1 to 3 to the nation. with this, Sembcorp became the first independent power producer to complete its projects […] Read more
Avangrid Sells Stake in 155 MW Wind Project for USD 235 Million Updated On Wed, Jul 29th, 2020 by Saurenergy Avangrid Renewables, a subsidiary of AVANGRID, has announced that it has completed a transaction with WEC Energy Group of Milwaukee to sell an ownership interest in the Tatanka Ridge Wind project, now under construction in Deuel County, SD, northeast of Brookings. Under the terms of the transaction, which was signed earlier this month, WEC Energy […] Read more
MNRE Extends RE Research and Technology Development Programme Updated On Wed, Jul 29th, 2020 by Saurenergy MNRE has announced the continuation of its Renewable Energy (RE) Research and Technology Development Programme till March 31, 2021 The Ministry of New and Renewable Energy (MNRE) has announced that its as received the sanction from the president of India for the continuation of its Renewable Energy (RE) Research and Technology Development Programme till March […] Read more
Siemens Gamesa Secures Turbine Orders Worth 180 MW in Chile Updated On Tue, Jul 28th, 2020 by Saurenergy Siemens Gamesa has received two orders in South America for the supply and installation of wind turbines at two sites of a wind energy cluster in Chile. Siemens Gamesa Renewable Energy has announced that it has received two orders in South America for the supply and installation of wind turbines at two sites of a […] Read more
