EESL Signs MoU With BHEL to set up Public EV Charging Network Across India Updated On Thu, Jan 30th, 2020 by Saurenergy EESL has signed an MoU with BHEL to set up a network of Public Charging Infrastructure for EV at various highways across the country. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), one of the largest engineering and […] Read more
IndiGrid Acquires Power Transmission firm ENICL for Rs 1,020 Cr Updated On Thu, Jan 30th, 2020 by Saurenergy IndiGrid has announced the acquisition of power transmission firm ENICL for Rs 1,020 crore. IndiGrid, the country’s first infrastructure investment trust in the power sector, has announced the acquisition of power transmission firm East North Interconnection Company Ltd (ENICL) for Rs 1,020 crore. ENICL is part of the interstate transmission scheme network and consists of […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Appalachian Power Issues RfP for 200 MW Solar Projects in Virginia Updated On Mon, Jan 27th, 2020 by Saurenergy Appalachian Power has issued an RfP for up to 200 MW of solar energy that will reduce customer costs and further diversify its electric generation mix Appalachian Power this week issued a second Request for Proposals (RFP) for up to 200 megawatts (MW) of solar energy resources that will reduce customer costs and further diversify […] Read more
EDP and Engie Reach Agreement on 50:50 Offshore Wind JV Updated On Fri, Jan 24th, 2020 by Saurenergy EDP Renewables has announced the signing of an agreement with Engie to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced the signing of an agreement with Engie to create […] Read more
Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
FESCO to Develop Solar plus Storage Project for Maryland’s District 40 Mall Updated On Fri, Jan 24th, 2020 by Saurenergy US based FESCO Energy has inked an exclusive pact with Maryland’s District 40 mall, formally known as Frederick Towne Center Mall located on the Golden Mile, to develop a a microgrid enabled solar-plus-storage project. This sustainable microgrid power generation project will generate electricity of more than 3 MW from solar energy and will be having […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia Updated On Thu, Jan 23rd, 2020 by Saurenergy Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […] Read more
