Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity Updated On Mon, Aug 19th, 2019 by Saurenergy GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Innergex Nears Completion of 600 MW Worth of RE Projects in Texas Updated On Wed, Aug 14th, 2019 by Saurenergy Innergex has announced that its two renewable energy projects worth 600 MW in the state of Texas will be in commercial operation by the end of the year. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced that its two renewable energy projects worth 600 MW in the state of Texas are nearing completion and expects both […] Read more
Andhra Tenders for Rooftop Systems on Government Buildings Updated On Tue, Aug 13th, 2019 by Saurenergy NREDCAP has issued a tender for the implementation of solar rooftop systems on government buildings in Andhra Pradesh under RESCO model. The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued a tender, inviting bids from eligible bidders for implementation of grid-connected solar rooftop systems on government buildings in the state under […] Read more
China’s Benling Planning New E-Bike Launch in India Updated On Mon, Aug 12th, 2019 by Saurenergy After successfully selling close to 800 electric two-wheelers in the country, Chinese EV maker Benling India is planning to launch an all-new electric bike to rival India’s Revolt 400. Boosted by the demand for its electric two-wheeler products, China’s Benling has announced its plan to expand its electric portfolio with more EVs soon. Benling India […] Read more
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
Sterlite Power Wins 2 Transmission Projects Worth Over Rs 3000 Crore Updated On Fri, Aug 9th, 2019 by Saurenergy Sterlite Power has received a letter of award for two key inter-state transmission projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21. Sterlite Power, India’s leading private power transmission player, has received a letter of award for two key inter-state projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21 (Part B) […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more