Rs 183 cr in Funds Released for Mega Solar Projects in FY 19-20 so far Updated On Sat, Nov 30th, 2019 by Saurenergy RK Singh has detailed the amount of funds released by the centre for the development of ultra mega solar parks in India over the last four financial years. In his reply to a question on solar power production across states, Union Minister for Power, News & Renewable Energy and Skill Development and Entrepreneurship RK Singh, […] Read more
Kerala Govt Inks Deal With Toshiba for Manufacturing Li-ion Batteries Updated On Sat, Nov 30th, 2019 by Saurenergy The Kerala Government has signed an EoI with Toshiba for the technology transfer and manufacturing of Li-ion batteries for EV The Kerala Government has signed an Expression of Interest with Toshiba for the technology transfer and manufacturing of lithium-ion (Li-ion) batteries for electric vehicles (EV). The agreement is an outcome of the Japan visit by […] Read more
Saipem Bags two Contracts Worth €750 mn for Offshore Wind Farms Updated On Sat, Nov 30th, 2019 by Saurenergy Saipem has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of Euro 750 million. Saipem has announced that it has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of […] Read more
Tata Power Exec Reshuffle: Srinivasan to Chair Delhi Distribution, Banga to Head T&D Biz Updated On Fri, Nov 29th, 2019 by Saurenergy In a significant executive reshuffle in Tata Power, Ganesh Srinivasan, who was heading the transmission & distribution (T&D) business, has been appointed as the new Chief Executive Officer (CEO) of Tata Power Delhi Distribution Ltd (Tata Power-DDL). He will take charge, with effective from December 2, 2019, from Sanjay Banga, who has been now elevated […] Read more
How The Rankings Changed. India’s Top Solar States Updated On Fri, Nov 29th, 2019 by Saurenergy In his reply to a question on solar power production across states, R.K. Singh, the minister for Power, News and Renewable Energy and Skill Development and Entrepreneurship, shared some very interesting data in parliament yesterday. The Situation as of 2016- Top 10 States And Some Government Producers And this is the situation, as it […] Read more
EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030 Updated On Fri, Nov 29th, 2019 by Saurenergy A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […] Read more
EDPR Secures PPA for 96 MW Wind Power in Brazil Updated On Fri, Nov 29th, 2019 by Saurenergy EDPR has secured a 16-year private Power Purchase Agreement (PPA) to sell the power to be produced by the Catanduba wind farm in Brazil EDP Renewables (EDPR), through its subsidiary EDP Renováveis Brasil (EDPR Brazil), has announced that it has secured a 16-year private Power Purchase Agreement (PPA) to sell the power to be produced […] Read more
AC Energy Launches $400 mn Fixed for life Green Bond Updated On Fri, Nov 29th, 2019 by Saurenergy AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporation’s energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal […] Read more
MERC Approves Rs 2.52/kWh Tariff for Procurement of 500 MW Wind Power Updated On Fri, Nov 29th, 2019 by Saurenergy MERC has approved the tariff of Rs 2.52/kWh for the procurement of 500 MW wind power as requested by the MSEDCL in its last petition. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the tariff of Rs 2.52/kWh for procurement of 500 MW wind power as requested by the Maharashtra State […] Read more