Torrent Power Bags 25 MW Solar Portfolio in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy In a recent announcement, Torrent Power said that the company has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills for the acquisition of 100 per cent equity share capital of Visual Percept Solar Project, which operates a solar plant of 25 MW capacity in Gujarat. Subject to closing price […] Read more
Reliance Joins Altigreen in the EV Race Updated On Thu, Feb 10th, 2022 by Saurenergy Reliance New Energy Ltd (RNEL), a subsidiary of Reliance Industries Ltd (RIL), has announced an agreement with Altigreen Propulsion Labs Private Limited (Altigreen), a Bengaluru-based electric vehicle technology and solutions company for commercial last-mile transportation through two, three, or four-wheelers. . “Reliance New Energy Ltd (RNEL), a wholly-owned subsidiary of the company, has entered into an agreement […] Read more
Australian Renewables Spree Meets Farmers’ Resistance Updated On Thu, Feb 10th, 2022 by Saurenergy Australian farmers are battling the ongoing renewable power expansion projects of the country as they say that the projects are ill-conceived and could upend their livelihood and also the ecology. The cultivators in the key farm states like Victoria and New South Wales are wary about the factors of production – linked to their farms […] Read more
UK Grants 1st Reactive Power Contract to Offshore Wind Farm Updated On Wed, Feb 9th, 2022 by Saurenergy The National Grid ESO of the United Kingdom (UK) has awarded a contract to an offshore wind farm to help keep voltage levels in the national power network stable. As per the National Grid ESO, the contract is the first of its kind in the UK. The contract is for a ten-year period which will […] Read more
ABB to Upgrade Eneti’s Offshore Wind Installation Vessels Updated On Tue, Feb 8th, 2022 by Saurenergy South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […] Read more
Polysilicon Woes in Solar PV Markets to End Within 18 Months: Rethink Updated On Tue, Feb 8th, 2022 by Saurenergy The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Rethink Energy. In the paper, Polysilicon Manufacturing forecast to 2030, the research firm outlines how fears that we may have passed the trough of solar costs during […] Read more
Powerledger Wins Award for Its Distributed Solar Electricity Project in UP Updated On Mon, Feb 7th, 2022 by Saurenergy Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […] Read more
RES Diversifies Asset Management Business Through Blueshore Acquisition Updated On Mon, Feb 7th, 2022 by Saurenergy UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […] Read more
Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka Updated On Mon, Feb 7th, 2022 by Saurenergy Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […] Read more