Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India) Updated On Wed, Nov 20th, 2019 by Saurenergy Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […] Read more
Kerala Adds New Powerline to Boost Power Import Capability by 800 MW Updated On Tue, Nov 19th, 2019 by Saurenergy The Edamon-Kochi power highway has been formally inaugurated and will increase the power import capability of Kerala by 800 MW. Kerala Chief Minister Pinarayi Vijayan has formally inaugurated the 148 km long Edamon-Kochi power highway which will increase the state’s power import capability by 800 MW. “With the completion of the Edamon-Kochi power highway, power can […] Read more
MNRE Opens Entries for ‘Prakritik Urja Puraskar Yojna’ Updated On Mon, Nov 18th, 2019 by Saurenergy The last date for receipt of entries is December 15, 2019 and the entries will be accepted in a prescribed proforma only. With an aim to encourage writing books in Hindi based on new and renewable energy, the Ministry of New and Renewable Energy (MNRE) has opened entries for its financial reward scheme ‘Prakritik Urja […] Read more
Azelio Signs MoU for 120 MW Storage Facilities in California Updated On Mon, Nov 18th, 2019 by Saurenergy Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019 Updated On Fri, Nov 15th, 2019 by Saurenergy Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […] Read more
Adani Green Energy Q2 Results Show Rs 102 Crore Profit Updated On Thu, Nov 14th, 2019 by Saurenergy Adani Green Energy recently posted its financial results for Q2, reporting a consolidated net profit of Rs 102 crore Adani Green Energy recently posted its financial results for the second quarter (Q2) of the fiscal, reporting a consolidated net profit of Rs 102 crore for the September quarter of 2019-20. The company reported a loss of […] Read more
BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition Updated On Wed, Nov 13th, 2019 by Saurenergy Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […] Read more
SECI Schedules Meeting With Prospective Bidders for 1200 MW RE Tender Updated On Wed, Nov 13th, 2019 by Saurenergy SECI will conduct a technical meeting with prospective bidders for its tender for setting up of 1200 MW RE projects with assured 6-hour peak power supply. The Solar Energy Corporation of India (SECI) has notified that it will conduct a technical meeting/ session with prospective bidders for its tender for setting up of 1200 MW […] Read more