Ørsted Issues Green Bonds Worth $394 mn in Taiwan Updated On Wed, Nov 6th, 2019 by Saurenergy Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […] Read more
5 Lakh Govt Cars to be Replaced by E-Vehicles: Javadekar Updated On Sat, Nov 2nd, 2019 by Saurenergy Prakash Javadekar further said that “the government is promoting e-mobility by taking a lead in changing the fleet of the existing petrol and diesel cars used for official purposes with electric cars.” With an aim to showcase government’s efforts towards promoting e-vehicles in India, Union Minister Prakash Javadekar on Friday said that the government will […] Read more
Javadekar Flags off E-Vehicles Procured from EESL Updated On Sat, Nov 2nd, 2019 by Saurenergy The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […] Read more
MNRE Invites Bids for Evaluation of 5GW VGF Scheme Updated On Fri, Nov 1st, 2019 by Saurenergy Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […] Read more
Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta Updated On Fri, Nov 1st, 2019 by Saurenergy We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […] Read more
Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat Updated On Thu, Oct 31st, 2019 by Saurenergy Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […] Read more
Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
ABB to Connect World’s Largest Offshore Wind Project to UK Grid Updated On Thu, Oct 31st, 2019 by Saurenergy ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […] Read more
Uttar Pradesh Planning to Install Prepaid Smart Meters Updated On Wed, Oct 30th, 2019 by Saurenergy The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November, a senior official has announced The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November. “We are planning to install prepaid smart meters for electricity consumption from November 15, 2019,” said Uttar Pradesh Energy Minister Shrikant Sharma. […] Read more
