EDF to Work on Augwind’s AirBattery Energy Storage System in Israel Updated On Wed, Dec 30th, 2020 by Saurenergy Augwind and EDF Renewables Israel will work together on a 5 MW solar plant integrated with a 20 MWh Augwind’s storage system – AirBattery. Augwind has announced that it has signed an MOU with EDF Renewables Israel, a subsidiary of the global EDF conglomerate, for the two firms to work together on building and operating […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
SECI Extends EOI Deadline for Empanelment of Agencies in E-Mobility Space Updated On Tue, Dec 29th, 2020 by Saurenergy SECI has, for a second time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has extended its EOI for empanelment of agencies for the identification and implementation of business opportunities in the electric mobility (e-mobility) space in line with the national […] Read more
Third Deadline Extension for EOI Submission for RE Solutions in Himalayas Updated On Tue, Dec 29th, 2020 by Saurenergy SECI has again extended the EOI deadline for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ technology […] Read more
Bharat Forge Invests Rs. 2.87 Crores in Avaada’s Solar Project in Maharashtra Updated On Tue, Dec 29th, 2020 by Saurenergy Pune-based Bharat Forge Limited has announced an additional investment of Rs 2.87 crore to use the remaining 8.20 MW solar power from Avaada Satara MH Pvt Ltd (ASPL), on Friday. The investment has been done for the purchase of solar power from Avaada as a group captive user. “We would like to inform you that […] Read more
BMW CEO Says Targeting 250K More E-Cars by 2023 Updated On Mon, Dec 28th, 2020 by Saurenergy The German luxury automaker, BMW is planning to boost E-car production by producing 250,000 more e-cars by 2023. The company CEO Oliver Zipse was quoted saying this in an interview with the German newspaper Augsburger Allgemeine. luxury carmakers have been faster to announce electric plans due to the higher costs of EV’s currently, which makes […] Read more
Behind Azure’s Investor Update. Challenges To Continue in 2021 Updated On Mon, Dec 28th, 2020 by Saurenergy The Firm’s 4 GW project win through SECI remains in limbo. That places almost 18 GW of awarded solar projects together in the same boat in India. In an update to the Securities and Exchange Commission (SEC) in the US, where it is listed at the New York Stock Exchange (NYSE) Azure Power has sounded […] Read more
