ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
Time for India to Set up Manufacturing Facilities including EVs: Maxson Lewis Updated On Mon, May 4th, 2020 by Saurenergy These days, the entire world is looking for an option to China. Today, there is a mindset that if someone were to say I am getting the same product from China against from somewhere else, I will go for somewhere else. It is the most fantastic time for India to set up manufacturing facilities in […] Read more
BHEL Opens Tender for Global OEMs to Setup Facilities in India Updated On Mon, May 4th, 2020 by Saurenergy The ongoing coronavirus crisis has raised the wakeup call for global economies to diversify the manufacturing activities, which are concentrated in a single location from a long time. Thus, the situation has thrown up the need in front of global Original Equipment Manufacturers (OEMs), which are largely in China and other countries, to diversify their […] Read more
Vestas Bags Order for two Wind Projects in Complex Terrains of Vietnam Updated On Mon, May 4th, 2020 by Saurenergy Vestas has secured an order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri province. Vestas has announced that it has secured another order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri […] Read more
ACC Okays Appointment of PK Das as CMD, IREDA Updated On Sat, May 2nd, 2020 by Saurenergy The Appointments Committee of the Cabinet (ACC), chaired by Prime Minister Narendra Modi, has provided its consent for the appointment of Pradip Kumar Das as new Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency (IREDA), a central power financial institution, as per the sources. ACC committee is comprised of the Prime Minister […] Read more
EDF, Alliant Energy Commissions 200 MW Wind Project in Iowa Updated On Sat, May 2nd, 2020 by Saurenergy Independent Power Producer (IPP) EDF Renewables and public utility company Alliant Energy’s Iowa energy company has successfully commissioned 200 MW Golden Plains wind power plant in Iowa. This project is now delivering clean electricity to Iowa customers and is located in Winnebago and Kossuth counties in the north-central region of Iowa. Also, this wind project has invested […] Read more
OEMs Diversification Plan from China Intensifies; Eyes New Markets in SE Asia: Report Updated On Fri, May 1st, 2020 by Saurenergy China remained the largest manufacturing hub for power equipment suppliers worldwide. However, coronavirus pandemic has posed a threat to its ambitions to continue to remain as global hotspot for manufacturing, because companies are now evaluating the efficiency and responsiveness of their supply chains to deal with the challenges arisen from the virus outbreak. Thus, diversification […] Read more
AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019 Updated On Fri, May 1st, 2020 by Saurenergy AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […] Read more
