APAC Power Sector Could Attract $1.5 Tn in Investments by 2030: WoodMac Updated On Mon, Sep 14th, 2020 by Saurenergy A new report shows that the power generation sector in APAC could attract USD 1.5 trillion worth of investments over the decade ending 2030. The latest report by research agency Wood Mackenzie shows that the power generation sector in the Asia Pacific (APAC) could attract USD 1.5 trillion worth of investments over the decade ending […] Read more
American Land Agency Lagging Behind in Shift to Renewables: IEEFA Updated On Mon, Sep 14th, 2020 by Saurenergy A new analysis by IEEFA stated that the Bureau of Land Management has lagged in responding to America’s shift to renewables in the national energy economy. The Bureau of Land Management, the single biggest steward of real estate in the US, often finds itself in the crossfire of heated arguments over how best to use […] Read more
Renewables key to Reaching Zero Emissions in Transport & Industry: IRENA Updated On Mon, Sep 14th, 2020 by Saurenergy Only seven industry and transport sectors will account for 38 percent of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to […] Read more
Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target Updated On Mon, Sep 14th, 2020 by Saurenergy Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […] Read more
Mahindra Cancels Share Purchase Pact Worth Rs 105 Cr with CLP India Updated On Mon, Sep 14th, 2020 by Saurenergy Mahindra & Mahindra has terminated a share purchase agreement with CLP India to sell the entire stake held by Mahindra Renewables in Neo Solren. Mahindra & Mahindra (M&M) has announced that it has terminated a share purchase agreement with CLP India to sell the entire stake held by its step down arm Mahindra Renewables in Neo Solren (NSPL) for […] Read more
India has Attained “One Nation, One Grid, One Frequency”: Nandan Sahai Updated On Mon, Sep 14th, 2020 by Saurenergy Sanjiv Nandan Sahai, Secretary, Ministry of Power, has said that India has already attained the status of “One Nation, One Grid, One Frequency”. Sanjiv Nandan Sahai, IAS, Secretary, Ministry of Power, has recently said that India has already attained the status of “One Nation, One Grid, One Frequency”, and that there are now no constraints […] Read more
Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
BP Takes 50% Stake in two Offshore Wind Projects of Equinor for $1.1 Bn Updated On Fri, Sep 11th, 2020 by Saurenergy Equinor has entered into an agreement with BP to sell 50% interest in two offshore wind assets on the US east coast at a reported USD 1.1 billion value Equinor has announced that it has entered into an agreement with BP to sell 50 percent non-operated interests in the Empire Wind and Beacon Wind assets […] Read more
