C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
The Rising Need for Smarter PV Solution in APAC Updated On Thu, Aug 20th, 2020 by Saurenergy The Asia Pacific region has become an exciting renewable energy market in recent years. Many countries with a planned capacity exceeding 1GW have emerged in a short period of time from this part of the world, which injected strong momentum to the PV industry. The local governments have started to provide ample support to the […] Read more
New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV Updated On Wed, Aug 19th, 2020 by Saurenergy Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […] Read more
AGL Energy Gets on With 850 MW Multi Site Battery Storage Project Updated On Mon, Aug 17th, 2020 by Saurenergy AGL Energy has lodged the scoping report for a new battery storage systems of up to 500 MW capacity to be built alongside its existing coal plant. Sydney headquartered AGL Energy has formally kicked off on its plans for the transformation of the ageing Liddell coal-fired power station, lodging initial development (scoping report) documents with […] Read more
As BIPV Systems Boom Worldwide, Familiar Challenges in India Updated On Fri, Aug 14th, 2020 by Saurenergy At the much more low key SNEC Shanghai 2020 this year, a light global presence has not deterred China based majors from rolling out their best offerings. Among others, it was interesting to see firms offer up BIPV (Building Integrated Photo Voltaic) options, in anticipation of an expected boom in this segment. In China for […] Read more
MNRE Grants Blanket 5-Month Extension for RE Projects due to COVID-19 Updated On Fri, Aug 14th, 2020 by Saurenergy MNRE has granted a 5-month time extension from March 25, 2020, to August 24, 2020, to all RE projects under implementation due to COVID-19 The Ministry of New and Renewable Energy (MNRE) has informed that in supersession to its previous orders, it has been decided that all renewable energy (RE) projects under implementation as on […] Read more
Škoda to Present its First All-Electric SUV “ENYAQ iV” on Sept 1 Updated On Thu, Aug 13th, 2020 by Saurenergy Škoda has announced that it will be presenting its first all-electric SUV the ENYAQ iV in Prague on September 1, 2020. Global automobile major Škoda has announced that it will be presenting its first all-electric SUV the ENYAQ iV in Prague on September 1, 2020. The model marks the beginning of a new era for […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
PTC India Reports net Profit of Rs 100 Crore in April-June Quarter Updated On Wed, Aug 12th, 2020 by Saurenergy PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […] Read more