Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI Updated On Tue, Sep 8th, 2020 by Saurenergy A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […] Read more
L&T Transmission and Distribution Business Bags Large Contracts Updated On Tue, Sep 8th, 2020 by Saurenergy L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […] Read more
EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island Updated On Mon, Sep 7th, 2020 by Saurenergy Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
Centre Planning EV Charging Points at 69K Petrol Pumps Across India Updated On Mon, Sep 7th, 2020 by Saurenergy The government is mulling setting up at least one EV charging kiosk each at nearly 69,000 petrol pumps across the country to boost e-mobility. The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility. Besides, the government is also thinking of making it compulsory to […] Read more
Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers Updated On Mon, Sep 7th, 2020 by Saurenergy The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […] Read more
GoodWe Listed on Shanghai Stock Exchange Updated On Mon, Sep 7th, 2020 by Saurenergy GoodWe has announced that the IPO of its common stock is now officially listed as a public limited company on the Shanghai Stock Exchange. Solar inverter and storage solutions provider GoodWe has announced that the initial public offering of its common stock is now officially listed as a public limited company on the Shanghai Stock […] Read more
Delhi’s IGI Airport Exploring Clean Energy Alternatives Updated On Mon, Sep 7th, 2020 by Saurenergy DIAL which operates the IGI Airport is looking at alternative solutions for generating clean and green energy, a top company official has confirmed. The Delhi International Airport Ltd (DIAL), a joint venture which is led by the GMR Group, which operates the Indira Gandhi International (IGI) Airport in the Capital is looking at alternative solutions […] Read more
