Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
EVs Emit Less CO2 Than Conventional Vehicles: Study Updated On Wed, Mar 25th, 2020 by Saurenergy EVs produce less CO2 than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a new study Electric vehicles (EVs) produce less carbon dioxide (CO2) than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a study which projects that in 2050 every second car on the […] Read more
Lithuania Gets its Unique Remote Solar Consumer Model Updated On Tue, Mar 24th, 2020 by Saurenergy In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […] Read more
Coronavirus Impact on Power-Collections And More Updated On Tue, Mar 24th, 2020 by Saurenergy Power Discom BSES Rajdhani Power Ltd (BRPL) has now suspended some of its services including meter reading and bill delivery until further directions from the Delhi Electricity Regulatory Commission (DERC). However, the state Discom said that provisional bills will be raised as per the DERC guidelines. The move came after the government has enforced lock-down […] Read more
Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender Updated On Tue, Mar 24th, 2020 by Saurenergy The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […] Read more
Canadian Solar Completes Sale of 17.7 MW Solar Portfolio in Italy Updated On Tue, Mar 24th, 2020 by Saurenergy Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The portfolio consists of 5 subsidy-free projects in Sicily. Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The Company expects to recognise revenue from the sale in the first quarter of […] Read more
India 3rd Largest Power Producer Globally Updated On Mon, Mar 23rd, 2020 by Saurenergy India is the third-largest electricity producer across the globe, as stated by the Power Minister RK Singh in the Lok Sabha. Also, India secured the 106th position in terms of per capita consumption in 2017, according to the latest key world energy statistics published by the IEA in 2019. The reforms in the power sector are […] Read more
Total Expands RE Portfolio Acquires Global Wind Power France Updated On Mon, Mar 23rd, 2020 by Saurenergy Total Quadran has announced that it has acquired 100 percent of Global Wind Power France, with a 1250 MW portfolio of onshore wind projects Total continues its growth in renewable energy in France with a substantial investment in wind power. The conglomerate has now, through Total Quadran – its 100 percent renewable developer and producer […] Read more
