Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion Updated On Tue, Jul 7th, 2020 by Saurenergy Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […] Read more
Adani Transmission Acquires Alipurduar Transmission From Kalpataru Updated On Tue, Jul 7th, 2020 by Saurenergy Adani Transmission has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission for around Rs 1,286 crore. Adani Transmission Ltd (ATL), one of India’s largest private sector power transmission companies, has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and […] Read more
Odisha Targeting 1500 MW of Solar Generation Capacity by 2022 Updated On Tue, Jul 7th, 2020 by Saurenergy Odisha has decided to boost its share of renewable energy with the state government setting a new target of 1500 MW solar power capacity by 2022. The coastal state of Odisha has decided to boost its share of renewable energy with the state government setting a new target of achieving 1500 MW of solar power […] Read more
Sterlite Power Concludes Refinancing of GPTL Project With HDFC Bank Updated On Tue, Jul 7th, 2020 by Saurenergy Sterlite Power has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project with HDFC Bank. Leading global power transmission player – Sterlite Power has announced that it has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project, within 3 months of the project […] Read more
5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA Updated On Tue, Jul 7th, 2020 by Saurenergy According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […] Read more
IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June Updated On Mon, Jul 6th, 2020 by Saurenergy The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […] Read more
Vestas Wins Wind Turbine Orders Worth 429 MW in North America Updated On Mon, Jul 6th, 2020 by Saurenergy Vestas has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. Global wind major Vestas has announced that it has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. The first is an order placed […] Read more
Enercon Concludes Supply Contracts for 212 MW in Austria Updated On Mon, Jul 6th, 2020 by Saurenergy Enercon has announced that it has agreed to another cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. German wind turbine manufacturer Enercon has announced that it has agreed to another close cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. The two […] Read more
Duke Shelves ACP Plans, but Will Continue Investing in Renewables Updated On Mon, Jul 6th, 2020 by Saurenergy Duke Energy has said it will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables Duke Energy has said that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid […] Read more
