Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
EESL to Establish Clean Energy & E-Mobility Projects for NHAI Updated On Mon, Jan 11th, 2021 by Saurenergy EESL has signed an MoU with NHAI to establish various clean energy and energy efficiency interventions at NHAI structures across India. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with the National Highway Authority of India (NHAI), an Autonomous Body under the Ministry […] Read more
Tata Power-DDL Successfully Meets Season’s Record Peak Demand of 1568 MW Updated On Sat, Jan 2nd, 2021 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL), a leading power distribution company serving a populace of 7 million in the national capital, has announced that it has successfully met the record peak power demand of 1568 MW without any network constraint and power outage as Delhi clocked this season’s record high of 5021 MW. The city […] Read more
ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan Updated On Thu, Dec 31st, 2020 by Saurenergy ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […] Read more
MSEDCL Petition to Float Open Tenders Under MSKVY Partly Approved by MERC Updated On Wed, Dec 30th, 2020 by Saurenergy MERC has allowed MSEDCL to proceed with the continuous bidding process for the selection of bidders under MSKVY. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has been at the doors of the Maharashtra Electricity Regulatory Commission (MERC) to seek approval to float Open tenders and taking land on lease by paying rent under Mukhyamantri […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
BMW CEO Says Targeting 250K More E-Cars by 2023 Updated On Mon, Dec 28th, 2020 by Saurenergy The German luxury automaker, BMW is planning to boost E-car production by producing 250,000 more e-cars by 2023. The company CEO Oliver Zipse was quoted saying this in an interview with the German newspaper Augsburger Allgemeine. luxury carmakers have been faster to announce electric plans due to the higher costs of EV’s currently, which makes […] Read more
PG&E to Expand its Battery Storage Portfolio, Further Integrate Renewable Energy Updated On Thu, Dec 24th, 2020 by Saurenergy Pacific Gas and Electric Company (PG&E) has requested California Public Utilities Commission (CPUC) approval of six additional battery energy storage projects totaling 387 megawatts (MW) of capacity, intended to further integrate clean energy from renewable generation sources while helping to ensure the future reliability of the electric system. The six project agreements complete PG&E’s procurement […] Read more
MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India Updated On Thu, Dec 24th, 2020 by Saurenergy MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […] Read more