NTPC To Move Ahead on Separate Renewable Energy Arm Updated On Mon, Aug 24th, 2020 by Saurenergy Wire agency PTI reports that NTPC Limited has received a ‘go ahead’ from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business. The move formalises NTPC’s plans in the renewable space. For many observers, a massive shift by the largest power […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
Capital Dynamics to Develop 9 Battery Storage Systems in California Updated On Thu, Aug 20th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […] Read more
New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV Updated On Wed, Aug 19th, 2020 by Saurenergy Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […] Read more
ReneSola and Avenston Sign Partnership Agreement in Ukraine Updated On Tue, Aug 18th, 2020 by Saurenergy ReneSola, one of the leading solar PV module manufacturers worldwide and Avenston, a reputed player in the solar industry in Ukraine, have signed the long-term partnership agreement collaboration in Ukraine and other nearby countries. According to the Partnership, Avenston will market and sell ReneSola’s high quality and high-efficiency solar PV modules in the region exclusively […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
Tata Projects Completes 110 km Transmission Line Project in Thailand Updated On Tue, Aug 11th, 2020 by Saurenergy TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of India’s fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission […] Read more
Seraphim inks 150 MW Module Supply Agreement With Raystech at SNEC 2020 Updated On Tue, Aug 11th, 2020 by Saurenergy Seraphim has entered into a 150 MW photovoltaic module supply agreement with Raystech Group at SNEC 2020 in Shanghai. Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar product manufacturers, entered into a 150 MW photovoltaic module supply agreement with Raystech Group at the SNEC PV POWER EXPO 2020 in Shanghai. Raytech is […] Read more