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
Trina’s Vertex Modules Powering 60MW Floating Solar System in Singapore Updated On Wed, Jul 7th, 2021 by Saurenergy Chinese solar panel manufacturer Trina Solar has today announced that it’s 12,556 Trina Solar 210 Vertex dual-glass modules are powering a 60 MW floating solar PV system on Singapore’s Tengeh Reservoir. The project has recently been connected to the grid and is fully commercially operational now. The project, the largest floating solar PV system in […] 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
Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
Punjab Power Crisis The Worst Case Scenario For Poor Policy Decisions Updated On Fri, Jul 2nd, 2021 by Saurenergy Less than 72 hours after Union Minister R.K. Singh spoke about a target of 24×7 power, Punjab, one of the most prosperous North Indian states, is plunged into a power crisis. In this crisis lies the case for some of the biggest reforms that have been pending due to resistance from multiple states, including Punjab […] Read more
EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
India’s Three Battles To Lose Updated On Wed, Jun 30th, 2021 by Saurenergy What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […] Read more
NTPC Concall- Spotlight On Aggressive Renewables Plans Updated On Tue, Jun 29th, 2021 by Saurenergy NTPC’s revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the group’s Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing […] Read more