Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
Freyr Energy Seeks A Growth Surge With App Launch Updated On Thu, Jul 16th, 2020 by Saurenergy Hyderabad based Freyr Energy, which is focused in the rooftop solar sector with a strong presence in the commercial and residential rooftop segments, has set its sights on a larger national presence. To achieve this, the firm has launched a mobile app- SunPro+ exclusively for solar users, that it claims will help potential customers through […] Read more
Pattern Energy Looking to Raise $700 Mn From Senior Notes Updated On Wed, Jul 15th, 2020 by Saurenergy Pattern Energy has announced the pricing of its offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. Pattern Energy Operations LP and Pattern Energy Operations Inc have announced the pricing of their offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. The firm […] Read more
GM to hit 5 Million Electric Vehicle Sales by 2030: WoodMac Updated On Wed, Jul 15th, 2020 by Saurenergy GM is expected to hit 5 million in cumulative electric vehicle sales by 2030 according to new research from Wood Mackenzie. General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected […] Read more
Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation Updated On Wed, Jul 15th, 2020 by Saurenergy Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […] Read more
Buoyed by Offshore Wind, Renewable Investments in 1H 2020 Climb 5%: BNEF Updated On Tue, Jul 14th, 2020 by Saurenergy Renewable investments showed great resilience in the first half of 2020 against the economic slowdown due to the COVID-19, thanks to offshore wind energy. Renewable energy capacity investments showed great resilience in the first half (1H) of 2020, in the face of the unprecedented economic shock caused by the coronavirus pandemic, according to the latest […] Read more
Germany Gets A Manufacturing Boost In PV From Meyer Burger Updated On Mon, Jul 13th, 2020 by Saurenergy Switzerland based Meyer Burger Technologies is moving fast to transform itself to an integrated PV manufacturer. The firm, which has made its reputation as a quality supplier of production equipment till recently, had declared its plans to move with forward integration sometime back. It has zeroed in on Germany for its first owned production line. […] Read more
Hitachi ABB Win Rs 120 Crore Order For Railways Electrification Updated On Fri, Jul 10th, 2020 by Saurenergy In an order worth Rs 120 crore, Hitachi ABB Power Grids India will deliver its transformers to CLW for the production of 400 electric locomotive engines In an order worth Rs 120 crore, Hitachi ABB Power Grids India will be delivering its transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), […] Read more
Siemens Gamesa Launches new 3.4-145 Wind Turbine for Indian Market Updated On Fri, Jul 10th, 2020 by Saurenergy Siemens Gamesa Renewable Energy has introduced its next-generation wind turbine, the SG 3.4-145 in India, optimised for wind conditions in the country. Siemens Gamesa Renewable Energy continues leading the way in India, one of the largest onshore markets in the world, with the introduction of its next-generation wind turbine, the SG 3.4-145. The new wind […] Read more