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
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
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] 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
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
Canadian Solar Completes Sale of 17.7 MW Solar Portfolio in Italy Updated On Tue, Mar 24th, 2020 by Saurenergy Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The portfolio consists of 5 subsidy-free projects in Sicily. Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The Company expects to recognise revenue from the sale in the first quarter of […] Read more
Solar Rooftop: Over to the States Updated On Mon, Mar 23rd, 2020 by Saurenergy The Missing Player Rooftop Solar. Right up till 2014, when India shifted gears in solar with an ambitious new target and a new focus on utility scale solar, solar usually meant rooftop solar, or even solar water heaters and other distributed solar products. And this was not because we had a lot of rooftop solar […] Read more
CREDA Invites Bids for 20 MW Rooftop Solar Projects under Resco Model Updated On Mon, Mar 23rd, 2020 by Saurenergy State nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has issued a tender for the implementation of 20 MWp grid-connected rooftop solar photovoltaic (PV) systems under the Resco model. Also, the solar power generated through such projects will be utilized for government buildings at different locations in the state. According to the Chhattisgarh State […] Read more