Shell Acquires 20% Stake in Bengaluru-Based Orb Energy Updated On Fri, Oct 4th, 2019 by Saurenergy Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […] Read more
NTPC Awards 769 MW Capacity won in SECI Auction to 4 Developers Updated On Mon, Sep 30th, 2019 by Saurenergy NTPC had won 769 MW capacity in SECI’s 2 GW solar auction, and the power utility has since awarded the EPC contract for the project to 4 developers. The Solar Energy Corporation of India (SECI) had recently auctioned off 922.4 MW capacity from its 2 GW CPSU solar tender. NTPC Ltd. had emerged as the […] Read more
PFS and MDI Gurgaon to Collaborate in RE Sector Updated On Mon, Sep 30th, 2019 by Saurenergy PFS and MDI Gurgaon have signed an agreement to collaborate in developing capacities in the areas of sustainable infrastructure financing. PTC India Financial Services Ltd (PFS) and premiere business school MDI Gurgaon have signed an agreement to collaborate by leveraging their combined strengths in developing capacities in the areas of infrastructure and especially sustainable infrastructure […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO Updated On Tue, Sep 3rd, 2019 by Saurenergy MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […] Read more
Siemens to Develop Transmission Link Between Great Britain & Denmark Updated On Wed, Aug 28th, 2019 by Saurenergy Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […] Read more
Interview: Govt Can Create Better Awareness for Promotion of Energy Efficiency Updated On Thu, Aug 22nd, 2019 by Saurenergy The government could go one step further and create better awareness by highlighting various technologies that aid in improving energy efficiency in industries and buildings. In addition, the success of Bureau of Energy Efficiency’s Perform-Achieve-Trade (PAT) scheme can also be scaled up to other sectors at faster rate than is happening today. These coordinated activities […] Read more
RRB Energy Working on Business Model to Strengthen Presence in India Updated On Wed, Aug 7th, 2019 by Saurenergy RRB Energy Limited has announced that it is taking strategic steps in order to ramp up its business in India RRB Energy Limited (RRBEL), a key part of the wind power sector, has announced that it is taking strategic steps in order to ramp up its business in India, and become a debt-free organization in […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more