Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
EESL Tenders for PCS and Fast Combo Chargers for EVs Updated On Thu, Mar 26th, 2020 by Saurenergy EESL has issued a tender for the supply and installation of power conversion systems (PCS) and fast combo chargers for electric vehicles (EVs). Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible bidders for the supply and installation of power conversion systems (PCS) and fast combo chargers for electric vehicles (EVs). […] Read more
Over 60 GW of Wind Energy Capacity Installed in 2019: GWEC Updated On Thu, Mar 26th, 2020 by Saurenergy According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW of new capacity worldwide According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW (60.4 GW) of new capacity worldwide and year-on-year growth of 19 […] Read more
Nordex Bags Order for 400 MW Wind Turbines in Norway Updated On Thu, Mar 26th, 2020 by Saurenergy The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class at the Øyfjellet wind farm The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class. The firm will supply and install 72 N149/5.X […] Read more
India’s RE Generation Capacity Sees 72% Growth in 6 Years: RK Singh Updated On Wed, Mar 25th, 2020 by Saurenergy The installed capacity of renewable energy generation in the country has grown 72% from 80 GW to 138.9 GW during the past six years, according to RK Singh. The installed capacity of renewable energy generation in the country has grown 72 percent from 80 gigawatts (GW) to 138.9 GW during the past six years, according […] Read more
EVs Emit Less CO2 Than Conventional Vehicles: Study Updated On Wed, Mar 25th, 2020 by Saurenergy EVs produce less CO2 than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a new study Electric vehicles (EVs) produce less carbon dioxide (CO2) than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a study which projects that in 2050 every second car on the […] Read more
Wind Energy Counts Its Losses From Coronavirus Updated On Wed, Mar 25th, 2020 by Saurenergy With the epicentre of the Covid 19 epidemic shifting to Europe and possibly the US, the global wind Energy industry is set o to take a big hit. According to research and consultancy firm Wood Mackenzie, global wind energy additions in 2020 could decline by 4.9 GW versus earlier projections. That means a drop from […] Read more
IndiGrid Completes Acquisition of 9th Transmission Asset from Sterlite Power Updated On Wed, Mar 25th, 2020 by Saurenergy IndiGrid has announced the acquisition of another transmission asset, ENICL from Sterlite Power at a value of USD 134 million. India Grid Trust (IndiGrid), one of India’s leading infrastructure investment trust, has announced the acquisition of another transmission asset, East North Interconnection Company Limited Transmission Company Limited (ENICL), from Sterlite Power at a value of […] Read more
Long Standing Issues of Long-Term Power Purchase Agreements Updated On Tue, Mar 24th, 2020 by Saurenergy The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
