Economic Survey 2019-20. Opportunity Ignored? Updated On Fri, Jan 31st, 2020 by Saurenergy The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […] Read more
EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems Updated On Fri, Jan 31st, 2020 by Saurenergy Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […] Read more
Total, PSA Partner to Enter EV Battery Manufacturing Activity in Europe Updated On Fri, Jan 31st, 2020 by Saurenergy Total and PSA have announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. Total, through its affiliate Saft, and PSA with Opel, have announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. To that end, the partners intend to establish a joint venture […] Read more
EDPR Awarded Contract for 109 MW Wind Power in Italian Auction Updated On Thu, Jan 30th, 2020 by Saurenergy EDPR has been awarded a 20-year CfD at the Italian wind auction to sell power generated by a portfolio of three wind farms with a total capacity of 109 MW EDP Renováveis, (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has […] Read more
Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP Updated On Thu, Jan 30th, 2020 by Saurenergy Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […] Read more
EDF Renewables and SITAC Commission 105 MW Wind Plant in India Updated On Thu, Jan 30th, 2020 by Saurenergy EDF Renewables and its India operations partner the SITAC Group have announced the commissioning of the 105 MW Verdant wind project in India. EDF Renewables and its partner for wind power generation in India, the SITAC Group, have announced the commissioning of the Verdant project, a new wind farm of 105 MW installed capacity in […] Read more
Corporations Bought Record Amount of Clean Energy in 2019: BNEF Updated On Wed, Jan 29th, 2020 by Saurenergy Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Sterlite Power Elevates Arun Sharma as Infra Biz COO Updated On Wed, Jan 29th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […] Read more
