CERC Approves Rs 2.77/kWh Tariff for 1200 MW Wind Projects Updated On Wed, Dec 11th, 2019 by Saurenergy CERC has given its go-ahead for the 1200 MW wind projects tendered by SECI and approved the tariff rate of Rs 2.77 per kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification has given its go-ahead for the 1200 MW wind projects tendered by the Solar Energy Corporation of India (SECI) and approved […] Read more
IEA Announces two Wind Construction Project Awards in Texas Totaling $115 mn Updated On Wed, Dec 11th, 2019 by Saurenergy IEA has announced a pair of substantial wind energy project awards in Texas. Together, the awards are valued at more than USD 115 million. Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a pair of substantial wind energy project awards in Texas. Together, the […] Read more
World’s First Fully Electric Commercial Aircraft Takes off in Canada Updated On Wed, Dec 11th, 2019 by Saurenergy The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. “This proves that commercial aviation in all-electric form can work,” said Roei Ganzarski, […] Read more
Equinor Acquires 50% Stake in 1560 MW Offshore Wind Project Updated On Tue, Dec 10th, 2019 by Saurenergy Equinor has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. Norwegian multinational energy company Equinor has announced that it has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The company now […] Read more
Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL Updated On Mon, Dec 9th, 2019 by Saurenergy In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […] Read more
Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […] Read more
Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital Updated On Sat, Dec 7th, 2019 by Saurenergy Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […] Read more
Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more
GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
