Goldwind Secures 50 MW Wind Turbines Order in Pakistan Updated On Wed, Jun 3rd, 2020 by Saurenergy Goldwind has secured a new wind turbines supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for the ACTII project in Pakistan. Chinese multinational wind turbine manufacturer, Goldwind has announced that it has secured a new wind turbines supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for ACTII […] Read more
ReneSola Signs Supply Pact with Zhejiang XunNeng for 800 MW Solar Modules Updated On Wed, Jun 3rd, 2020 by Saurenergy ReneSola, a leading solar photovoltaic (PV) module manufacturer, has entered into a framework agreement with Zhejiang XunNeng, a project developer, for the supply of 800 MW capacity of modules for the years 2020 and 2021. On the basis of their earlier successful cooperation, both the companies have decided to further extend their business relationship by […] Read more
Tender Issued for 1 MW Solar Plant at Madurai Kamaraj University Updated On Wed, Jun 3rd, 2020 by Saurenergy NIWE has issued a tender for the commissioning of a 1 MW solar energy power plant at the Madurai Kamaraj University in Tamil Nadu. The National Institute for Wind Energy (NIWE) has issued a tender, inviting EPC contractors in India to submit bids for undertaking the task of commissioning of a 1 MW solar energy […] Read more
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
IRENA Report on Renewable Power Generation Costs in 2019 Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
POSOCO Braces for Impact of Eclipse on Solar Power Generation Updated On Wed, Jun 3rd, 2020 by Saurenergy POSOCO has detailed the likely impacts of the annual solar eclipse on the country’s power sector/ solar generation and the preparations made to lower its impact The Power System Operation Corporation (POSOCO) has in a new report detailed the likely impacts of the annual solar eclipse, that India will be experiencing on June 21 this […] Read more
Solar Manufacturers Support Vocal-for-Local Program; Seek Level-Playing Field Updated On Tue, Jun 2nd, 2020 by Saurenergy The country’s leading solar photovoltaic (PV) manufacturers, including RenewSys, Vikram Solar and Webel Solar, have extended their support to Prime Minister Narendra Modi’s recent call for Vocal-for-Local program. However, they sought level-playing field for all irrespective of the area within the country. By welcoming the government’s move, Avinash Hiranandani, Global CEO & Managing Director of […] Read more
PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more
