Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
Fortum to Install Sweden’s Biggest Battery to Support Grid Stability Updated On Wed, Nov 28th, 2018 by Saurenergy Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […] Read more
India Becomes Global Leader in Renewable Energy Auction: Report Updated On Tue, Nov 27th, 2018 by Saurenergy India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […] Read more
JinkoSolar Hits Record High Shipment in Third Quarter Updated On Tue, Nov 27th, 2018 by Saurenergy Total revenues were $974.8 million, an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of 2017. JinkoSolar, a leading solar PV company, has announced its unaudited financial results for the third quarter that ended September 30, 2018. Total solar module shipments hit record high of […] Read more
Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […] Read more
Surat to Have 25 MW Solar Capacity by February 2019 Updated On Mon, Nov 26th, 2018 by Saurenergy During phase one, the city administration had received 4500 applications from the residents and commercial establishment. Aiming to become the first solar city of India, Surat is poised to have 25 MW installed capacity by February 2019. Currently having 15 MW of installed capacity, the city tops the solar energy generation chart. A total of […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
MYSUN Waives Off Site Survey Fee Across Delhi- NCR Updated On Thu, Nov 22nd, 2018 by Saurenergy The campaign was launched on November 8, 2018 in which MYSUN is influencing Residential, Commercial and Industrial customers to go solar. MYSUN, India’s leading online solar rooftop company has announced the waiver of site surveys fee in order to encourage people to go solar. The initiative is to empower people in NCR to go green […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
