KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
Fifteen Cleantech Startups Awarded for Unique Technology, Biz Model Updated On Fri, Feb 14th, 2020 by Saurenergy In a bid to encourage startup companies in the cleantech space, fifteen companies addressing climate change and energy access were awarded by the Government of India, BIRAC, Tata Trusts, Tata Power and Social Alpha. These companies were working on technologies for energy storage, smart metering, clean cooking, innovative electric vehicle (EV) solutions, battery technologies, energy monitoring […] Read more
NIWE Tenders for Equipment for Wind & Solar Resource Assessment in India Updated On Fri, Feb 14th, 2020 by Saurenergy NIWE has tendered for the supply and delivery of Sensors and Data Loggers with Accessories for wind, solar resource assessment at various locations in India The National Institute of Wind Energy (NIWE) has issued a tender, inviting bids from eligible vendors for the supply and delivery of Sensors and Data Loggers with Accessories for wind […] Read more
Huge Positive Impact of Solar Home Systems on Livelihoods in India: GOGLA Updated On Fri, Feb 14th, 2020 by Saurenergy A new report by GOGLA, the association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems on livelihoods in India A new report issued by GOGLA, the global association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems (SHS) on livelihoods […] Read more
Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie Updated On Thu, Feb 13th, 2020 by Saurenergy The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […] Read more
Voltalia to Build and Maintain Solar Farms Worth 134 MW in Portugal Updated On Tue, Feb 11th, 2020 by Saurenergy Voltalia will provide EPC services followed by O&M services to Smartenergy for three solar farms in Portugal with a total capacity of 134 MW. Voltalia, an international player in renewable energy sector has announced that it will provide engineering, procurement and turnkey construction (EPC) services followed by operation and maintenance (O&M) services to Smartenergy, a […] Read more
