Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
PM Modi Brings 7.5 GW Ladakh Solar Project Back into Focus Updated On Mon, Aug 17th, 2020 by Saurenergy PM Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh Prime Minister Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh to set the union territory on […] Read more
PXIL Highlights Power Market Regulatory Reforms and Insights Updated On Mon, Aug 17th, 2020 by Saurenergy PXIL recently conducted its 2nd market consultation meeting to discuss key market regulatory reforms concerning the power industry. Ahead of the public hearing of the Central Electricity Regulatory Commission (Power Market) Regulations 2020, the Power Exchange India Limited (PXIL), conducted its 2nd Market Advisory Committee and Stakeholder consultation meeting to discuss key market regulatory reforms […] Read more
Each Degree Rise in Heat Index led to 187 MW Increase in Power Demand: CSE Updated On Fri, Aug 14th, 2020 by Saurenergy Every degree rise in heat index resulted in a 187-megawatt increase in electricity demand during COVID-19 lockdown, which was six percent higher than in 2019, according to a new analysis. The analysis by the Centre for Science and Environment (CSE) was on electricity demand and its correlation with weather data during the successive stages of lockdown […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
5 Winners in GUVNL’s 700 MW Solar Tender, Vena & Tata L1 Bidders Updated On Fri, Aug 14th, 2020 by Saurenergy GUVNL’s 700 MW solar tender saw the entire capacity awarded to five bidders, with Tata Power and Vena Energy submitting the winning L1 bids of Rs 2.78/kWh. The recently concluded auctions for the Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 700 MW solar tender saw the entire capacity awarded to five bidders. With Tata Power and Vena Energy […] Read more
Envision Solar Announces 1st EV ARC Order From Baltimore G&E Updated On Fri, Aug 14th, 2020 by Saurenergy Envision Solar, a leading producer of unique and sustainable infrastructure products for electric vehicle (EV) charging, energy security and outdoor media, announced that Baltimore Gas and Electric (BGE) has ordered its EV ARC product to forward the utility’s innovation and environmental stewardship efforts and to promote off-grid EV charging within its workplaces and corporate offices. […] Read more
Lightsource bp Partners up for 300 MW Solar Project in Colorado Updated On Thu, Aug 13th, 2020 by Saurenergy McCarthy Building Companies has been named by Lightsource bp as the EPC Contractor for the 300 MW Bighorn Solar project in Colorado McCarthy Building Companies’ Renewable Energy & Storage team has been named by Lightsource bp as the Engineer, Procure, and Construction (EPC) Contractor for the 300 MW Bighorn solar project in Colorado, which will […] Read more
