Delhi Breaks 119 Year Temperature Record and Winter Power Demand Updated On Tue, Dec 31st, 2019 by Saurenergy As Delhi grapples with one of its coldest winters in 119 years the capital also touched a record high of 5298 MW in peak power demand, highest till date As Delhi grapples with one of its coldest winters in over 119 years the Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully […] 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
Global Power Industry Contracts Slip 9% in Nov Updated On Fri, Dec 27th, 2019 by Saurenergy The global power industry contracts activity saw a decline of 9 percent with 269 contracts announced in the month of November this year, against the last 12-month average of 296 contracts, as per the GlobalData. According to the data and analytics company, Asia-Pacific secured the top position with 91 contracts and 33.8 percent share during […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
Cabinet Approves MoU With Saudi Arabia for Cooperation in Renewables Updated On Thu, Dec 26th, 2019 by Saurenergy The Union Cabinet has approved the MoU signed between MNRE and Ministry of Energy of the Kingdom of Saudi Arabia for cooperation in the field of Renewables The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) signed between the Ministry of New and Renewable Energy (MNRE) of the […] Read more
Enel Green Power Connects 4 Wind Farms in Spain Worth 98 MW Updated On Tue, Dec 24th, 2019 by Saurenergy Enel Green Power España, Endesa’s renewable energy subsidiary, has connected 4 wind farms to the grid in Spain, with a total capacity of 98 MW Enel Green Power España (EGPE), Endesa’s renewable energy subsidiary, has connected the El Campo, La Estanca, Loma Gorda and Santo Domingo de Luna wind farms to the grid in Spain. […] Read more
Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] 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
