Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh Updated On Wed, Mar 3rd, 2021 by Saurenergy RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
Large Module Sizes Find Their Way, as Suppliers Roll out Compatible Equipment Updated On Tue, Feb 23rd, 2021 by Saurenergy The latest trend in solar modules for larger-sized modules, caused by the pressure to show ever-increasing output is finally finding a clear pathway. Module output, which has seen major increases in the past few months on the back of these new larger modules now has support in the form of key suppliers like inverters, and […] Read more
MoRTH Launches ‘Go Electric’ Campaign To Promote E-Mobility & E-Cooking Updated On Fri, Feb 19th, 2021 by Saurenergy Union Minister Nitin Gadkari today launched the ‘Go Electric’ campaign of the Bureau of Energy Efficiency (BEE) to promote and spread awareness on electric mobility, EV charging infrastructure, and clean and safe electric cooking in India. Minister for Road Transport & Highways and the Minister of Micro (MoRTH), Nitin Gadkari, the Minister of Power and […] Read more
Trimark Wins SCADA Mandate for 2165MWh Terra Gen Storage Project Updated On Thu, Feb 18th, 2021 by Saurenergy Trimark Associates, has won the rights to the SCADA portion of the Edwards & Sanborn project, the world’s largest solar-plus-storage (PV+BESS) project currently under construction. Located in Kern County, California, the project weighs in at 1,118 megawatts (MW) of solar and 2,165 megawatt-hours (MWh) of energy storage. The project is owned by Terra-Gen, while Mortenson Construction acts as the Engineering, […] Read more
Jaguar Land Rover to Launch First All-Electric SUV in India Updated On Tue, Feb 9th, 2021 by Saurenergy UK’s largest automotive manufacturer, Jaguar Land Rover has announced the launch of its all-electric SUV, ‘I-Pace’ in India on March 09, 2021. However, the bookings for I-Pace started in India in November 2020. Interestingly, in the Covid era, the launch of I-Pace will be a virtual event for members of the media, customers, and fans […] Read more
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines Updated On Tue, Feb 9th, 2021 by Saurenergy MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […] Read more
Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda Updated On Wed, Feb 3rd, 2021 by Saurenergy The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […] Read more
