BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
NTPC Invites Bid for Development of Smart Townships Updated On Thu, Dec 20th, 2018 by Saurenergy The successful bidder will provide comprehensive O&M services to the project as well as a transmission system for a period of three years. National Thermal Power Corporation, India’s largest power producer has issued a tender for the Implementation of Renewable Package for Smart Township Initiative in Solapur in Maharashtra and and Khargone in Madhya Pradesh. […] Read more
Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
d.light Raises $41 million from Consortium Updated On Tue, Dec 18th, 2018 by Saurenergy The equity financing was raised by d.light from a Consortium led by Inspired Evolution, an Africa-focused investment advisory firm. d.light, a distributed solar provider has announced that it has secured a funding of $41 million to finance its solar and appliances business. The equity financing was raised from a Consortium led by Inspired Evolution, an […] Read more
Interview with Sunil Badesra, Head – Business Development Dept. at Sungrow (India) Pvt Ltd Updated On Tue, Dec 18th, 2018 by Saurenergy Sungrow – a specialist in R&D, production, sales, and service of new energy power supply devices for solar energy, wind energy, and energy storage. Its main products include PV inverters, wind converters, energy storage system, new energy automotive drive system, and floaters for floating PV power plants. In an exclusive interview with Saur Energy […] Read more
Parliamentary Panel Suggest Portal to Track Climate Change Targets Updated On Mon, Dec 17th, 2018 by Saurenergy The move is to enable stakeholder to keep a track of progress and development in each specific sector including solar energy. To bring transparency to India’s climate change action plan, a parliamentary panel has asked the central government to launch a portal to display updated targets and achievements in the National Action Plan on Climate […] Read more
TSREDCO Invites Tenders for Off-Grid 300 WP Power Packs Updated On Mon, Dec 17th, 2018 by Saurenergy Last date for the submission of online bids to TSREDCO is December 28, 2018 and the last date for submission of hard copies of the document is December 31, 2018. Telangana State Renewable Energy Development Corporation (TSREDCO) has invited tenders for development and installation of off-grid 300WP power packs to be installed at various locations […] Read more
MNRE Issues Order Mandating Procurement of Locally Made Products Updated On Fri, Dec 14th, 2018 by Saurenergy Department of Industrial Policy and Promotion had earlier issued a notification in June 2017, mandating public procurement should encourage Make in India policy. Ministry of New and Renewable energy has issued an order mandating that public procurements should encourage Make in India to promote manufacturing and production of goods and services in India with a […] Read more
