Magenta Group Wins ‘EV Charging enabling Technology Leadership Award’ Updated On Tue, Sep 17th, 2019 by Saurenergy Magenta Group was recently bestowed with the ‘Indian EV Charging Enabling Technology Leadership’, at the Frost & Sullivan India Intelligent Mobility Awards Magenta Group, a pioneer in establishing the Electric Vehicle (EV) ecosystem in India under the ChargeGrid brand, was recently bestowed the ‘Indian EV Charging enabling Technology Leadership award’, at the 2019 Frost & […] Read more
ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan Updated On Mon, Sep 16th, 2019 by Saurenergy ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […] Read more
Tata Chemicals Launches Li-ion Battery Recycling Operations Updated On Fri, Sep 6th, 2019 by Saurenergy Tata Chemicals has announced the launch of its Li-ion battery recycling plant for the commercial recovery of cathode active materials from spent batteries. One of the largest chemical companies in the India, Tata Chemicals a subsidiary of the Tata Group Conglomerate, which works in the chemicals, crop nutrition and consumer products field has announced the […] Read more
Vestas Receives 60 MW Turbine Order for 2 Projects in Finland Updated On Tue, Sep 3rd, 2019 by Saurenergy Vestas has bagged an order from OX2 for two wind projects in Western Finland that will be realised on a merchant basis without any direct financial support. Danish wind energy major, Vestas has announced that it has bagged an order from the Nordic developer OX2 backed by the UK investor Infracapital for the wind projects […] Read more
Xcel Energy to Begin Work on 522 MW New Mexico Wind Plant Updated On Fri, Aug 30th, 2019 by Saurenergy Xcel Energy plans to begin construction of the 522 MW Sagamore wind farm in New Mexico by the end of the year, and into commercial operation by late 2020. Xcel Energy, a utility holding company based in Minneapolis, has announced that it plans to begin construction of the 522 MW Sagamore wind farm in New […] Read more
Vestas Sells Majority Stake in 3 Romanian Wind Projects Updated On Fri, Aug 30th, 2019 by Saurenergy Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […] Read more
NCLT Approves IL&FS Proposal to Sell 7 Wind Assets Updated On Thu, Aug 29th, 2019 by Saurenergy NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […] Read more
NTPC Tenders for 1200 MW Wind Projects Pan India Updated On Mon, Aug 26th, 2019 by Saurenergy NTPC has issued an IFB for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. State-owned power utility, NTPC Ltd. has issued an Invitation for Bids (IFB), inviting bids from eligible parties for the selection of wind power developers for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. […] Read more
EV’s Have Charmed The Government – Will The Markets Follow? Updated On Mon, Aug 26th, 2019 by Saurenergy On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […] Read more
