Sunnova Closes $150 mn in Financing to Fund Growth Updated On Thu, Jan 2nd, 2020 by Saurenergy Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […] Read more
Volkswagen Targeting 1.5 mn Electric Vehicle Sales by 2025 Updated On Thu, Jan 2nd, 2020 by Saurenergy Volkswagen will reach 1 million electric vehicle sales by end of 2023, two years earlier than previously predicted, and 1.5 million to be produced in 2025 Volkswagen has announced that over the next few years it intends to become the world market leader in e-mobility and is investing EUR 33 billion in these efforts throughout […] Read more
Western Rajasthan Generating Surplus Power From Wind and Solar Plants Updated On Thu, Jan 2nd, 2020 by Saurenergy For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan region generate surplus power For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan generate surplus power, and in turn, have helped in considerably reducing greenhouse gas emissions. In Jaisalmer region, the total installed wind power capacity […] Read more
Azelio’s Verification Project in Morocco Delivers First Electricity Updated On Tue, Dec 31st, 2019 by Saurenergy Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan. Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year. The verification of Azelio’s solution for the storage and production of […] Read more
Delhi Breaks 119 Year Temperature Record and Winter Power Demand Updated On Tue, Dec 31st, 2019 by Saurenergy As Delhi grapples with one of its coldest winters in 119 years the capital also touched a record high of 5298 MW in peak power demand, highest till date As Delhi grapples with one of its coldest winters in over 119 years the Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully […] Read more
Dadra and Nagar Haveli Tenders for EV Charging Stations Updated On Tue, Dec 31st, 2019 by Saurenergy The UT of Dadra and Nagar Haveli has issued a tender, inviting bids from eligible bidders for the commissioning of EV charging stations in the UT. The Union Territory (U.T.) of Dadra and Nagar Haveli (DNH) has issued a tender, inviting bids from eligible bidders for the commissioning of electric vehicle (EV) charging stations in […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
EESL, HPCL Join Hands to Develop EV Charging Infrastructure Updated On Tue, Dec 31st, 2019 by Saurenergy In a bid to promote electric vehicles (EV) under the National Electric Mobility (e-mobility) Programme, government-backed Energy Efficiency Services Limited (EESL) has entered into a two-year Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to set up public charging infrastructure. Further, the objective behind the MoU was synergising business development for setting up […] Read more
PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu Updated On Mon, Dec 30th, 2019 by Saurenergy PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […] Read more
