IL&FS Completes Sale of its Wind Power Service Amid Lockdown Updated On Fri, Apr 17th, 2020 by Saurenergy IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly-owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and […] Read more
Nissan Licenses Lithium-ion Battery Technology to APB Corporation Updated On Fri, Apr 17th, 2020 by Saurenergy Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […] Read more
Impact of COVID-19 on Chinese Wind Industry: GWEC Updated On Thu, Apr 16th, 2020 by Saurenergy GWEC recently hosted a webcast to discuss the impact that the COVID-19 crisis had on the Chinese wind market and how the industry is recovering. The Global Wind Energy Council (GWEC) recently hosted a webcast with key stakeholders from the Chinese wind industry to discuss the impact that the COVID-19 crisis had on the Chinese wind market […] Read more
Fresh Covid Guidelines: RE Projects Allowed From April 20 Updated On Wed, Apr 15th, 2020 by Saurenergy The renewable energy industry, especially utility-scale solar and wind energy projects, received a small relief, in the form of permission to restart construction work on ongoing projects, as well as fresh projects possibly, from April 20 onwards. In an order dated April 15, signed by the Union Home Secretary, the order laid down the new […] Read more
MNRE to Promote Local Manufacturing, Export Hubs for RE: Anand Kumar Updated On Wed, Apr 15th, 2020 by Saurenergy MNRE is planning to identify suitable land sites for RE manufacturing and export services hubs in the country to offset the impact of the COVID-19 The Ministry of New and Renewable Energy (MNRE) has asked state and port authorities to identify suitable land sites for renewable energy (RE) manufacturing and export services hubs in the country to offset the […] Read more
NTPC to Raise Rs 4374.10 Crore via Bonds Updated On Tue, Apr 14th, 2020 by Saurenergy NTPC has said it will raise Rs 4,374.10 crore on April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. State-run power giant NTPC has said it will raise Rs 4,374.10 crore on Thursday i,e. April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. As per […] Read more
We Received Force Majeure Notices from Various Discoms, Despite Govt Directive: Azure Power Updated On Mon, Apr 13th, 2020 by Saurenergy Despite government directive to power distribution companies (Discoms) to pay dues on time, the country’s one of the leading independent solar power producer (IPP), Azure Power said that it has received Force Majeure notices from various Discoms citing an inability to perform their obligations as per the PPA due to Covid-19. There has been a […] Read more
Spending to Counteract Covid-19 Creates Opportunity to ‘Tilt to Green’: Report Updated On Thu, Apr 9th, 2020 by Saurenergy The Covid-19 has diverted attention away from global climate change mitigation, however, the European Bank for Reconstruction and Development (EBRD) economists in the latest report says that efforts to counteract the coronavirus create a chance to “tilt to green” the large-scale recovery spending being pledged, making it a key accelerator towards a low-carbon economy. However, […] Read more
$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac Updated On Tue, Apr 7th, 2020 by Saurenergy Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […] Read more
