Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm Updated On Tue, Aug 18th, 2020 by Saurenergy Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […] Read more
Peak Power Demand Slumps to 5.65% in August Updated On Mon, Aug 17th, 2020 by Saurenergy The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July, according to the power ministry data. Peak power demand met, which is […] Read more
Okaya Power and Prakriti E-mobility to Collaborate on EV Charging Stations Updated On Mon, Aug 17th, 2020 by Saurenergy Okaya Power has formed a strategic partnership with Prakriti E-Mobility to provide well-laid-out EV charging stations for their fleet operations Okaya, a flagship company of Okaya Power Group has announced a strategic partnership with Prakriti E-Mobility Private Limited, India’s largest fleet operators of electric 4W vehicles with the aim to provide well-laid-out Electrical Vehicle (EV) […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
As BIPV Systems Boom Worldwide, Familiar Challenges in India Updated On Fri, Aug 14th, 2020 by Saurenergy At the much more low key SNEC Shanghai 2020 this year, a light global presence has not deterred China based majors from rolling out their best offerings. Among others, it was interesting to see firms offer up BIPV (Building Integrated Photo Voltaic) options, in anticipation of an expected boom in this segment. In China for […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
EV Chargers Mandatory for all Future Building Premises in Noida Updated On Fri, Aug 14th, 2020 by Saurenergy The UP Government has made it mandatory for all future big housing and commercial projects in Noida and Greater Noida to have EV chargers on their premises. In a bid to promote the adoption and usage of electric vehicles (EV) in the state, the Uttar Pradesh Government has made it mandatory for all future big […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
MNRE Grants Blanket 5-Month Extension for RE Projects due to COVID-19 Updated On Fri, Aug 14th, 2020 by Saurenergy MNRE has granted a 5-month time extension from March 25, 2020, to August 24, 2020, to all RE projects under implementation due to COVID-19 The Ministry of New and Renewable Energy (MNRE) has informed that in supersession to its previous orders, it has been decided that all renewable energy (RE) projects under implementation as on […] Read more
