JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives Updated On Wed, Feb 26th, 2020 by Saurenergy JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […] Read more
NTPC Designated RE Implementing Agency for Long Term Access in ISTS Network Updated On Wed, Feb 26th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has designated state-owned NTPC as the renewable energy (RE) implementing agency to facilitate the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network. As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in […] Read more
India to be Electricity-Based Economy Eventually: RK Singh Updated On Tue, Feb 25th, 2020 by Saurenergy Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […] Read more
EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
Sungrow- Breaking Stereotypes Updated On Wed, Feb 19th, 2020 by Saurenergy Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […] Read more
Shell Signs Power Offtake Deal for 100 MW Storage System in England Updated On Tue, Feb 18th, 2020 by Saurenergy Shell Energy Europe has agreed on a multi-year power offtake deal that enables the installation of the 100 MW Minety power storage project in England. Shell Energy Europe Limited (SEEL) has agreed on a multi-year power offtake deal that enables the installation of Europe’s biggest battery, the 100-megawatt (MW) Minety power storage project in south-west […] Read more
MHI Vestas Secures 300 MW Offshore Wind Turbine Order in Taiwan Updated On Tue, Feb 18th, 2020 by Saurenergy MHI Vestas has been selected as preferred wind turbine supplier for the 300 MW Zhong Neng Offshore Wind Power Project in Taiwan On the heels of its selection as preferred wind turbine supplier for the 300 MW Zhong Neng Offshore Wind Farm in Taiwan, MHI Vestas has reaffirmed its commitment to the nascent sector as […] Read more
