Vestas Sells Majority Stake in 3 Romanian Wind Projects Updated On Fri, Aug 30th, 2019 by Saurenergy Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […] Read more
NCLT Approves IL&FS Proposal to Sell 7 Wind Assets Updated On Thu, Aug 29th, 2019 by Saurenergy NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […] Read more
Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia Updated On Wed, Aug 28th, 2019 by Saurenergy Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […] Read more
Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20 Updated On Wed, Aug 28th, 2019 by Saurenergy Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […] Read more
Vattenfall Commissions its Largest Offshore Wind Farm Updated On Mon, Aug 26th, 2019 by Saurenergy Vattenfall has officially opened Denmark’s, Scandinavia’s and Vattenfall’s largest offshore wind farm, the 407 MW Horns Rev 3 in the North Sea. Swedish state-owned power company, Vattenfall has announced that it has officially opened Denmark’s, Scandinavia’s and Vattenfall’s largest offshore wind farm, the 407 MW Horns Rev 3 in the North Sea. The 49 wind […] Read more
NTPC Tenders for 1200 MW Wind Projects Pan India Updated On Mon, Aug 26th, 2019 by Saurenergy NTPC has issued an IFB for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. State-owned power utility, NTPC Ltd. has issued an Invitation for Bids (IFB), inviting bids from eligible parties for the selection of wind power developers for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. […] Read more
India, Bahrain Agree to Collaborate in Solar Energy Sector Updated On Mon, Aug 26th, 2019 by Saurenergy India and Bahrain have agreed to collaborate in the solar energy sector after comprehensive talks were held to give a major boost to bilateral relations. India and Bahrain on August 24, 2019, agreed to collaborate in the solar energy sector as Prime Minister Narendra Modi held comprehensive talks with his Bahraini counterpart Prince Khalifa Bin Salman Al Khalifa to give a major boost to the entire […] Read more
Environment Ministry Trims Lease Rent on Wind Projects Updated On Fri, Aug 23rd, 2019 by Saurenergy The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […] Read more
NTPC Tenders for Procurement of 100 MW Solar or Wind Power Updated On Thu, Aug 22nd, 2019 by Saurenergy NTPC Ltd has issued a tender for procurement of power from existing solar PV power plants and wind power plants up to a cumulative capacity of 100 MW State-owned power utility NTPC Ltd has issued a tender, inviting bids from eligible bidders for the procurement of power from existing solar PV power plants and wind […] Read more
