IL&FS Proposes to NCLT Sale of Wind Assets to Orix Updated On Mon, Aug 12th, 2019 by Saurenergy ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […] Read more
Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses Updated On Mon, Aug 12th, 2019 by Saurenergy Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […] Read more
Tata Power-DDL, CEEW Ink Pact to Accelerate RE in Delhi’s Micro-Grids Updated On Sat, Aug 10th, 2019 by Saurenergy This collaboration will also help in achieving Delhi’s 1 GW target of solar generation by 2020 and 2 GW by 2025, in accordance with the DERC guidelines for the implementation of group net metering and virtual net metering framework. In order to evaluate and accelerate the integration of decentralised renewable energy into Delhi’s power grid, […] Read more
E.ON Commissions 201 MW Wind Farm in Texas Updated On Fri, Aug 9th, 2019 by Saurenergy E.ON has successfully opened its Stella Wind Farm, a 201 MW project in Kenedy County in Texas. German energy utility firm E.ON has announced that it has successfully opened its Stella Wind Farm, a 201 MW project located in Kenedy County in Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
ICAT and IESA Bring 3rd International EV Conclave Updated On Thu, Aug 8th, 2019 by Saurenergy India Energy Storage Alliance (IESA) and International Centre for Automotive Technology (ICAT) are jointly organising the 3rd International EV conclave on Aug 9, 2019. The Electric Vehicle (EV) sector is rising in India and after the sops announced in Budget 2019, it can be a game-changer for the industry. The infrastructure development of (EVs) has […] Read more
Six More Cities Now Get EESL’s Super-Efficient ACs Updated On Wed, Aug 7th, 2019 by Saurenergy These ACs will undergo no de-rating even at 43oC, which leads to continuous effective cooling even at high temperatures up to 52 oC. After introducing first-of-its-kind super-efficient Air Conditioners (ACs) for Delhi consumers, the government-backed Energy Efficiency Services Ltd (EESL) has expanded this programme to six more cities i.e. Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai and […] Read more
Equinor to Co-Develop 120 MW Wind Farm in Argentina Updated On Wed, Aug 7th, 2019 by Saurenergy Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Norwegian multinational energy company Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Both the developers announced that the companies have entered […] Read more
