Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal Updated On Thu, Jan 16th, 2020 by Saurenergy Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […] Read more
Double the Share of Renewables to Achieve Energy Transition Goals Updated On Tue, Jan 14th, 2020 by Saurenergy The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […] Read more
Mercedes-Benz & Geely Holding JV to Develop Premium EVs Updated On Thu, Jan 9th, 2020 by Saurenergy Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […] Read more
Inox Wind Bags 250 MW EPC Contract from Continuum Power Updated On Mon, Dec 30th, 2019 by Saurenergy Country’s one of the leading wind energy solutions provider Inox Wind has secured an engineering, procurement and construction (EPC) contract of 250 MW of wind energy projects from Continuum Power Trading (TN) Pvt Ltd, an arm of Continuum Wind Energy group. As per the signed term-sheet, the Noida-headquartered company will supply, erect and commission 250 […] Read more
Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report Updated On Fri, Dec 27th, 2019 by Saurenergy The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […] Read more
Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
Chattisgarh Issues Tariff Regulations for Renewable Energy Projects Updated On Thu, Dec 19th, 2019 by Saurenergy CSERC has issued the regulations for determining tariff for renewable energy sources for the purpose of sale of power to Discoms in Chattisgarh The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued the regulations specifying the terms and conditions of tariff for renewable energy sources for the purpose of sale of power to Discoms in […] Read more
100 GW Milestone Achieved, Sungrow Looks To New Horizons for Growth Updated On Fri, Dec 13th, 2019 by Saurenergy Hefei, China based Sungrow Power Supply Company (Sungrow) announced a key milestone of 100 GW of cumulative installations for its inverter range this week, before the end of the year 2019. The firm has a wide offering of inverters for renewable deployment, with sizes ranging from 2.5 KW for rooftops to 6.8 MW for Utility […] Read more
Vestas Wins 2 Wind Turbine Orders Worth 332 MW in the USA Updated On Mon, Dec 2nd, 2019 by Saurenergy Vestas has been awarded two orders for a combined 332 MW capacity in wind turbines for projects under development in the USA. Vestas, one of the leading wind turbine manufacturers in the world has announced that it has been awarded two orders for a combined 332 MW capacity in wind turbines for projects under development […] Read more