Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
US DOE Selects 4 Projects to Develop Next-Gen Wind Turbines Updated On Fri, May 3rd, 2019 by Saurenergy These projects will develop more efficient, smaller, and lighter-weight generators that will lower costs and make wind power more affordable. The U.S. Department of Energy (DOE) has selected four projects totaling up to $8 million in investment from the department to develop next-generation wind turbine drivetrain technologies that will facilitate the continued growth of wind turbines for […] Read more
Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme Updated On Fri, May 3rd, 2019 by Saurenergy As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […] Read more
SJVN Floats Tender For DC Fast Chargers at Nathpa Jhakri Dam Updated On Fri, May 3rd, 2019 by Saurenergy The last date for bid submission is May 15, 2019 SJVN Ltd. has issued a tender for setting up of DC EV fast chargers for the Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal Pradesh. The scope of work for the selected bidders will include the supply, installation and commissioning of two 20 kW DC […] Read more
Vattenfall to Source 300 MW Power From Largest Onshore Wind Farm in Netherlands Updated On Thu, May 2nd, 2019 by Saurenergy Largest Dutch onshore wind farm to provide a quarter million Vattenfall customers with renewable energy Swedish state-owned power company, Vattenfall has signed a long-term purchasing agreement for renewable electricity from the new upgraded Zeewolde wind farm in the Netherlands. The repowering work to exchange the existing wind turbines by more powerful turbines will be initiated […] Read more
BHEL, ARAI Sign MoU for E-Mobility Projects in India Updated On Wed, May 1st, 2019 by Saurenergy BHEL and ARAI will combine their respective strengths in the technology development of E-Mobility solutions Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of […] Read more
Siemens Gamesa to Supply 194 MW Turbines For Canadian Wind Project Updated On Sat, Apr 27th, 2019 by Saurenergy Once installed, the SG 4.5-145 will be the most powerful turbines with the largest rotor installed in the country. Siemens Gamesa Renewable Energy has announced that it has signed a contract to supply and commission 43 SG 4.5-145 wind turbines, with flexible rating up to 4.8 MW, for a wind project in Canada with an […] Read more
Interview with Sanjeev Dakshini, Chairman, Raydean Industries Updated On Fri, Apr 26th, 2019 by Saurenergy Albeit India has seen significant growth in solar industry but as a contributor we feel that lack of application oriented approach and low government support to indigenous technological advancements are major hindrances in matching the potential today, believes Sanjeev Dakshini, Chairman, Raydean Industries, the Jaipur-headquartered solar module mounting structures (MMS) manufacturer. In conversation with Manu […] Read more
World Bank Approves $200 Mn Regional Off-Grid Electrification Project Updated On Fri, Apr 26th, 2019 by Saurenergy The World Bank Group has approved the Regional Off-Grid Electrification Project (ROGEP) to help expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region. The Board of the World Bank Group approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and […] Read more