ILFS close to a deal with GAIL for Wind Assets at Rs 4700 crores Updated On Tue, Apr 23rd, 2019 by Saurenergy Public Sector Gas Utility GAIL has made the highest offer for the wind assets of scam-hit ILFS In a release from ILFS, the New Delhi based public sector gas major, Gas Authority of India Limited (GAIL) has made the highest binding bid for its wind assets. The deal, if consummated, would include seven wind power […] Read more
Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd. Updated On Mon, Apr 22nd, 2019 by Saurenergy Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […] Read more
IIT Roorkee, TERI Join Hands on Research of Thematic Areas of Energy Updated On Mon, Apr 22nd, 2019 by Saurenergy As per the agreement signed, both IIT Roorkee and TERI will collaborate in the areas of mutual interest with special focus on the thematic areas of energy, renewable energy, water management, climate change, food, environment, sustainable habitat and sustainable transport. The Indian Institute of Technology (IIT) Roorkee, Asia’s oldest technical institution, has signed a Memorandum […] Read more
ISA spreads out. To take Reinvest Global with Sun World Name Updated On Mon, Apr 22nd, 2019 by Saurenergy The International Solar Alliance (ISA), India’s biggest global multilateral initiative ever that is also headquartered in India, is set to spread out globally, with RE-Invest the flagship ministry event moving out under it to Peru this year. The Re-Invest Event completed its second edition in October last year, when it was held near the capital […] Read more
Discoms trip up India’s Move to Power-Surplus with Peak Deficit at 0.8% in 2018-19 Updated On Mon, Apr 22nd, 2019 by Saurenergy India missed its target of becoming a power-surplus nation after its peak power deficit stood at 0.8 percent and the overall energy deficit remained 0.6 percent for the financial year 2018-19. In its Load Generation Balancing Report (LGBR) for the fiscal year, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 percent and […] Read more
Senvion Signs EUR 100 Mn Loan Agreement to Avoid Bankruptcy Updated On Mon, Apr 22nd, 2019 by Saurenergy The DIP facility enables Senvion to continue its business operations following last week’s self-administration filing. Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines and its lenders and main bondholders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility. The DIP facility has received Board […] Read more
Europe Invested EUR 27 Billion in New Wind Farms Last Year Updated On Mon, Apr 22nd, 2019 by Saurenergy Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […] Read more
India’s Growing Economy Will Continue to Attract Global Investors Updated On Mon, Apr 22nd, 2019 by Saurenergy India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […] Read more
Engie Begins Work on Jumbo Hill Wind Project in Texas Updated On Mon, Apr 22nd, 2019 by Saurenergy With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […] Read more
