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
BHEL Tenders for Commissioning of BESS for TERI at 3 Sites in Delhi Updated On Tue, Aug 11th, 2020 by Saurenergy BHEL has issued a tender for setting up of 410 kWh BESS for TERI at 3 sites in Delhi. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible firms for setting up of 410 kWh Battery Energy Storage Systems (BESS) for The Energy Resources Institute (TERI) at 3 sites in Delhi. […] Read more
Boralex Completes $805 Mn Refinancing for 230 MW Wind Farm in Canada Updated On Tue, Aug 11th, 2020 by Saurenergy Boralex has completed the USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm in Ontario, Canada. Boralex Inc has announced that it has completed the approximately USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm (NRWF) in the Niagara Peninsula, Ontario, Canada. NRWF was commissioned on […] Read more
As Oil and Gas Shrink, Wind Industry Takes Over in Texas: IEEFA Updated On Tue, Aug 11th, 2020 by Saurenergy The wind industry in West Texas is booming an area known historically for its boom-and-bust oil cycles, concludes a report published by IEEFA. The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published by the Institute for Energy Economics […] Read more
Seraphim inks 150 MW Module Supply Agreement With Raystech at SNEC 2020 Updated On Tue, Aug 11th, 2020 by Saurenergy Seraphim has entered into a 150 MW photovoltaic module supply agreement with Raystech Group at SNEC 2020 in Shanghai. Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar product manufacturers, entered into a 150 MW photovoltaic module supply agreement with Raystech Group at the SNEC PV POWER EXPO 2020 in Shanghai. Raytech is […] Read more
Renew-SECI Tussle At CERC Indicates Further Trouble For Wind Energy Updated On Mon, Aug 10th, 2020 by Saurenergy India’s wind energy sector has been stuttering, even as solar has managed to escape the worst of the slowdown blues. So much so that multiple developers that were invested in growing both Wind and Solar energy projects, have quietly moved away almost exclusively to solar now, other than the odd Hybrid project that comes up. […] Read more
Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA Updated On Mon, Aug 10th, 2020 by Saurenergy ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […] Read more
Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target Updated On Mon, Aug 10th, 2020 by Saurenergy As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […] Read more
Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka Updated On Mon, Aug 10th, 2020 by Saurenergy Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […] Read more
