Vestas Bags Orders Worth 947 MW in the US Updated On Mon, Jul 1st, 2019 by Saurenergy Vestas has received three orders in the US amounting to a total of 947 MW in wind turbine deliveries. Danish wind energy major, Vestas has announced that it has received three orders in the US amounting to a total of 947 MW in wind turbine deliveries. The first order comprises a 95 MW project and […] Read more
World’s Largest Individual Solar Project Now Operational in Abu Dhabi Updated On Mon, Jul 1st, 2019 by Saurenergy EWEC has started operation of the 1.18 GW Noor Abu Dhabi solar project, the largest individual solar power project in the world. The world’s largest single solar plant, Noor Abu Dhabi, with a production capacity of nearly 1,177 MW commences commercial operation – a major milestone for the future of #sustainablenergy pic.twitter.com/HHVMyaMXYY — المكتب الإعلامي لحكومة أبوظبي […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
Payment Security Mechanism for Power Purchase by DISCOMs Approved Updated On Fri, Jun 28th, 2019 by Saurenergy RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […] Read more
As India’s States Pivot to Electric Buses, Challenges Surface Updated On Fri, Jun 28th, 2019 by Saurenergy In just the past two months, announcements have been made for over 2000 electric buses from states across India, be it Delhi, Kashmir, Maharashtra or Punjab. It is important that local state transport authorities realise that an electric bus purchase is much more than just buying a bus that runs on electricity. Earlier this week, […] Read more
Win at WTO against US solar Tariffs Unlikely to Help India Much Updated On Fri, Jun 28th, 2019 by Saurenergy India’s complaint against the US, and specifically against 8 US states that added tariffs on renewable sector imports from the country has found support at the WTO, with the global trade body’s dispute panel supporting the Indian stand. Made public yesterday, the ruling, even as it pronounced the US ‘guilty’ of unfair trade practices in […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more
EBRD Grants €18 Mn Loan For Kosovo’s First Wind Farm Updated On Fri, Jun 28th, 2019 by Saurenergy EBRD is supporting the wind farm at Kitka in the east of Kosovo with an €18 million loan. Kosovo, which relies for its energy on coal, will benefit from a cleaner, more reliable energy from the first large-scale wind farm in the country. The European Bank for Reconstruction and Development (EBRD) is supporting the wind […] Read more
SECI Signs PSAs Worth 600 MW with two State Discoms Updated On Fri, Jun 28th, 2019 by Saurenergy SECI has signed PSA with two state discoms for supplying nearly 600 MW of power from renewable projects. The Solar Energy Corporation of India (SECI) has announced that it has signed Power Supply Agreements (PSA) with two state discoms for supplying nearly 600 MW of power from renewable projects. The first agreement has been signed […] Read more
