Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Tata Power Bags 2 Awards at ‘7th ACEF Asian Leadership Awards’ Updated On Tue, Oct 9th, 2018 by Saurenergy It has won the Gold and Silver for its work in the conservation of Mahseer fish under the ‘Best Sustainable Green Initiative’ and its campaign to end open defecation in Jamshedpur under the ‘Best Corporate Community Partnership’ sub-categories respectively. Country’s one of the leading integrated power utility Tata Power has won two awards at the ‘7th ACEF Asian Leadership Awards’ for its impactful work in the areas […] Read more
Greenko Completes Orange Renewable Acquisition; Agrees to Buy Skeiron Assets Updated On Tue, Oct 9th, 2018 by Saurenergy Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. India’s one of the leading renewable energy companies, Greenko Energy Holdings (Greenko) has completed the assets acquisition of Orange Renewables. Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. The combined deal of Orange and Skeiron […] Read more
RE Invest Aims to Showcase India’s Performance; Subsides Investment Updated On Mon, Oct 8th, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […] Read more
Braking Global Warming at 1.5 Degree Celsius Calls ‘Unprecedented Changes’: IPCC Updated On Mon, Oct 8th, 2018 by Saurenergy IPCC has, on its shoulders, the task of providing the policymakers with a regular assessment of the scientific basis of climate change along with its impacts and future risks like global warming. While hundreds of scientists and government representatives from across the world contributing their inputs on climate change and resultant increasing global warming during […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline Updated On Sat, Oct 6th, 2018 by Saurenergy The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit. Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […] Read more
Softbank group’s CEO Mr. Masayoshi Son offers free Electricity after 25 years Updated On Thu, Oct 4th, 2018 by Saurenergy Chief Executive Officer, Soft Bank Group, Mr Masayoshi Son, addressed the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018), organised by the Ministry of New and Renewable Energy, Government of India. The First Assembly of International Solar Alliance (ISA); the 2nd IORA Renewable Energy Ministerial Meeting and the 2nd […] Read more
