FIEE SGR Closes its Second Fund Dedicated to Energy Efficiency Updated On Fri, Aug 7th, 2020 by Saurenergy FIEE SGR the leading Italian fund specialising in energy efficiency for energy transition has launched its second fund with the 1st close of €127.5 million Fondo Italiano per l’Efficienza Energetica SGR (FIEE SGR), the leading Italian fund and one of the largest European funds specialising in energy efficiency for energy transition, has launched its second […] Read more
Slowdown in Power Generation Decline Seen as a Sign of Recovery Updated On Thu, Aug 6th, 2020 by Saurenergy The rate of decline in power generation in the past few months have slowed down in July, this slowdown is being seen as a sign of recovery. According to data made available by government resources, the rate of decline in power generation in the past few months has slowed down in July. This slowdown is […] Read more
BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE Updated On Wed, Aug 5th, 2020 by Saurenergy The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […] Read more
KEC Secures Orders Worth Rs 1192 Cr in Transmission, Cables and More Updated On Tue, Aug 4th, 2020 by Saurenergy KEC International has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution. Maharashtra headquartered infrastructure Engineering, Procurement and Construction (EPC) company KEC International Ltd has announced it has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution (T&D), urban infrastructure, civil construction and cables. The firm has secured orders of Rs […] Read more
Australia’s Massive ASEAN Power Link Project Gets Major Status Updated On Fri, Jul 31st, 2020 by Saurenergy Australia has accorded ‘major status’ to its ambitious Australia -ASEAN power link (AAPL) project. The new designation recognises the strategic importance of the project for Australia, and should help with faster approvals and priority handling by various government agencies involved. The project was formally granted the status on July 20. The Sun Cable project – […] Read more
Tesla and PG&E Break Ground on 182.5 MW BESS System in California Updated On Thu, Jul 30th, 2020 by Saurenergy Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore Updated On Mon, Jul 27th, 2020 by Saurenergy Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […] Read more
Greenko and Onyx Insight Partner in Condition Monitoring 1st for Indian Renewables Updated On Fri, Jul 24th, 2020 by Saurenergy In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight, a leading global predictive analytics and engineering firm, to modernise 500 […] Read more