Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan Updated On Thu, Mar 19th, 2020 by Saurenergy TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […] Read more
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot Updated On Wed, Mar 18th, 2020 by Saurenergy ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to […] Read more
Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report Updated On Wed, Mar 18th, 2020 by Saurenergy The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
Pattern Energy and CPP Investments Complete Merger Transaction Updated On Tue, Mar 17th, 2020 by Saurenergy Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern […] Read more
BHEL to Supply Electric Buses With Charging Infrastructure in UP Updated On Tue, Mar 17th, 2020 by Saurenergy BHEL has won an order for the supply of electric buses along with the charging infrastructure of these buses for Gorakhpur City in Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has announced it has won an order for the supply of electric buses along with charging infrastructure of these […] Read more
RenewSys Elevates Nandkumar Pai as CEO of PV Modules & Cells Biz Updated On Mon, Mar 16th, 2020 by Saurenergy RenewSys, which is country’s first integrated manufacturer of solar photovoltaic (PV) modules and its key components, encapsulants, backsheets and solar PV cells, on Monday said that it has appointed Nandkumar Pai as Chief Executive Officer (CEO) of its PV modules & cells division. As a company with a swiftly expanding global footprint, it will continue […] Read more
MNRE to set up Renewable Energy Standardisation Cell Updated On Mon, Mar 16th, 2020 by Saurenergy MNRE will set up “Renewable Energy Standardisation Cell (RESC)” to coordinate the development and adoption of standards for quality assurance in the renewables sector The Ministry of New and Renewable Energy (MNRE) on February 18, 2020, notified setting up of “Renewable Energy Standardisation Cell (RESC)” to coordinate the development, updation, and adoption of standards for […] Read more
Allete Acquires 303 MW Wind Project From Apex Clean Energy Updated On Mon, Mar 16th, 2020 by Saurenergy Apex Clean Energy has announced the sale of the 303 MW Caddo wind project to Allete Clean Energy, which plans to sell power to three Fortune 500 customers. Apex Clean Energy has announced the sale of the 303 MW Caddo Wind project to Allete Clean Energy, a wholly-owned subsidiary of ALLETE. The purchase includes plans […] Read more
