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
SECI Issues RfS Document for 5 GW RTC Power From RE and Thermal Updated On Wed, Mar 18th, 2020 by Saurenergy SECI has issued the RfS document for supply of 5 GW of RTC power from RE projects, complemented with power from coal-based thermal power projects in India. The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of renewable energy (RE) power developers for the supply of […] 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
IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] 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
Magenta Power to Roll Out its Street Lamp Integrated EV Charger by April Updated On Mon, Mar 16th, 2020 by Saurenergy Magenta Power, a HPCL-backed startup providing green energy solutions, has today unveiled its first Street Lamp Integrated electric vehicle (EV) Charger called ‘ChargeGrid Flare’. The company is further planning to roll-out this newly launched Street Lamp Integrated EV Charger into the market by next month this year. This new range of EV charging points, which […] Read more