Corporations Bought Record Amount of Clean Energy in 2019: BNEF Updated On Wed, Jan 29th, 2020 by Saurenergy Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Vestas Receives Wind Turbine Order Worth 84 MW in China Updated On Wed, Jan 29th, 2020 by Saurenergy Vestas has received an 84 MW order in China that includes the supply of 22 turbines delivered in 3.8 MW power optimised mode Vestas has received an 84 MW order in China that includes the supply of 22 (V136-3.45 MW) turbines delivered in 3.8 MW power optimised mode as well as a 5-year Active Output […] Read more
Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn Updated On Wed, Jan 29th, 2020 by Saurenergy Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […] Read more
Tata Motors Nexon EV Debuts in India; Starting Price at Rs 13.99 Lakhs Updated On Tue, Jan 28th, 2020 by Saurenergy Redefining the evolution of electric vehicles (EVs) in India, Tata Motors on Tuesday launched the country’s own electric SUV ‘Nexon EV’ at an introductory price starting from Rs 13.99 lakhs (ex-showroom price at all India). Backed by Tata uniEVerse, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata […] Read more
Okaya to Set Up EV Charging Infra for ATS Buildings Pan-India Updated On Tue, Jan 28th, 2020 by Saurenergy With an aim to join the e-mobility rally of India, real estate developer ATS Homes Pvt Ltd (ATS) has signed a Memorandum of Understanding (MoU) with Okaya Power. As per the MoU signed, Okaya will furnish the premises of ATS on pan-India with it’s an in-house built electrical vehicle (EV) charging infrastructure and solutions. The […] Read more
WEC Energy to Acquire 80% Stake in 250 MW Blooming Grove Wind Farm Updated On Tue, Jan 28th, 2020 by Saurenergy The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois […] Read more
GM Invests $2.2 Bn in its First 100% Plant Devoted to Electric Vehicles Updated On Tue, Jan 28th, 2020 by Saurenergy General Motors’ (GM) is investing USD 2.2 billion in its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles General Motors’ (GM) vision of an all-electric future is coming into clearer focus and gaining momentum with a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles including […] Read more
Limiting Global Warming Will Minimise Climate Costs: Study Updated On Tue, Jan 28th, 2020 by Saurenergy A recent study suggests that if global warming can be restricted to 2 degrees Celcius, the costs of climate damage control will also decrease. A recent study by a group of Postdam scientists has found that the Paris Agreement apart from being politically sensible makes sense in terms of the economy as well. The Paris […] Read more