EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia Updated On Mon, Oct 26th, 2020 by Saurenergy EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the world’s largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric […] Read more
EPR Realty Completes Solar Pilot Program with REACH Commercial 2020 Company Updated On Fri, Oct 23rd, 2020 by Saurenergy Energy-Producing Retail Realty, Inc. (‘EPR2’), an investor in and developer of EPR/energy rights and a member of the REACH Commercial Class of 2020, has announced the completion of its EPR-Solar Pilot Program with Basin Street Properties (‘BSP’), a leader in commercial real estate in Northern California and Nevada. The Pilot Program comprises three solar projects […] Read more
Iberdrola and Volvo Car España agree to promote electric mobility in Spain together Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola and Volvo Car España have signed a framework cooperation agreement to promote sustainable mobility, under which the energy group will supply charging solutions for the car manufacturer’s Recharge vehicle range in Spain. The solution that Iberdrola and its portfolio company Wallbox will supply to Volvo is designed to make charging its customers’ vehicles easier […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
MERC Begins E-Hearing on Mumbai Power Outage Issue Updated On Fri, Oct 23rd, 2020 by Saurenergy MERC on October 21, 2020, began the hearing into last week’s power outage in Mumbai which lasted for up to 14 hours in some parts. The Maharashtra Electricity Regulatory Commission (MERC) on October 21, 2020, began the hearing into last week’s power outage in Mumbai which lasted for up to 14 hours in some parts. […] Read more
PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth Updated On Thu, Oct 22nd, 2020 by Saurenergy Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […] Read more
MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power Updated On Thu, Oct 22nd, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW Updated On Wed, Oct 21st, 2020 by Saurenergy The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […] Read more
