Is the ‘Lucky Country’ Pushing Its Luck with Climate Change? Updated On Thu, Nov 21st, 2019 by Saurenergy Australia, for long the ‘lucky country’ due to a variety of reasons, especially its size, abundance of natural resources and some would say, distance from the rest of the world, is finally feeling the heat from climate change, activists say. Is that true? And How well prepared is Australia to do its bit? Just over […] Read more
Acciona to Supply 173 GWh Renewable Electricity to Vidrala in Portugal Updated On Thu, Nov 21st, 2019 by Saurenergy Acciona has signed a contract with Vidrala to supply renewable electricity to its 2 glass container plants in Portugal, for an estimated capacity of 173 GWh Acciona has signed a contract with the Vidrala group to supply electricity of renewable origin in 2020 to its two glass container plants in Portugal, for an estimated volume […] Read more
Debt-Ridden Suzlon Working on a Resolution Plan Updated On Thu, Nov 21st, 2019 by Saurenergy Suzlon Energy is working on a resolution plan and lenders have till January to work on a sustainable resolution plan before taking any extreme steps. Wind-turbine maker Suzlon Energy has confirmed that the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps. “The […] Read more
Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India) Updated On Wed, Nov 20th, 2019 by Saurenergy Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […] Read more
Kerala Adds New Powerline to Boost Power Import Capability by 800 MW Updated On Tue, Nov 19th, 2019 by Saurenergy The Edamon-Kochi power highway has been formally inaugurated and will increase the power import capability of Kerala by 800 MW. Kerala Chief Minister Pinarayi Vijayan has formally inaugurated the 148 km long Edamon-Kochi power highway which will increase the state’s power import capability by 800 MW. “With the completion of the Edamon-Kochi power highway, power can […] Read more
MNRE Opens Entries for ‘Prakritik Urja Puraskar Yojna’ Updated On Mon, Nov 18th, 2019 by Saurenergy The last date for receipt of entries is December 15, 2019 and the entries will be accepted in a prescribed proforma only. With an aim to encourage writing books in Hindi based on new and renewable energy, the Ministry of New and Renewable Energy (MNRE) has opened entries for its financial reward scheme ‘Prakritik Urja […] Read more
Azelio Signs MoU for 120 MW Storage Facilities in California Updated On Mon, Nov 18th, 2019 by Saurenergy Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019 Updated On Fri, Nov 15th, 2019 by Saurenergy Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […] Read more
