Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn Updated On Wed, Feb 5th, 2020 by Saurenergy Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […] Read more
Over 7.5 GW of RE Capacity Commissioned up to December 2019: RK Singh Updated On Wed, Feb 5th, 2020 by Saurenergy RK Singh has informed that just over 7.5 GW of new renewable energy (RE) capacity has been commissioned in the financial year 19-20 up to December 2019. Union Minister for Power and New and Renewable Energy, RK Singh in response to a question raised in the Rajya Sabha has informed that just over 7.5 GW […] Read more
Tender for Solarization of Agricultural Pumps Issued in Jodhpur Updated On Tue, Feb 4th, 2020 by Saurenergy JdVVNL has issued a tender for the commissioning of solar PV systems for the solarization of agricultural pumps/ consumers in Jodhpur Discom The Jodhpur Vidyut Vitran Nigam (JdVVNL) has issued a tender, inviting bids from eligible bidders for the commissioning of solar PV systems for the solarization of grid-connected agricultural pumps /consumers under “KUSUM Scheme […] Read more
Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain Updated On Tue, Feb 4th, 2020 by Saurenergy Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Innogy Builds its 1st Battery Storage Facility in Ireland Updated On Mon, Feb 3rd, 2020 by Saurenergy innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […] Read more
MERC Offers Extension to 9 Wind Generators to Install Special Energy Meters Updated On Mon, Feb 3rd, 2020 by Saurenergy MERC has approved the petition filed by 9 wind energy generators, granting a period of 3 months for installation of individual Special Energy Meters The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by nine renewable (mainly wind) energy generators, granting an extended period of 3 months for completing […] Read more
Tata Launches ‘I Have the Power’ Campaign to Create Green Awareness Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has launched a nation-wide campaign ‘I Have the Power’ to create awareness on the green choices it provides to today’s customers. India, as a growing and developing nation, faces an enormous challenge of growing fast and responsibly like other emerging economies. This issue of our time needs to be addressed since climate change […] Read more