Huawei Releases AI Boost FusionSolar 6.0 Smart PV Solution at SNEC Updated On Wed, Jun 5th, 2019 by Saurenergy Huawei, a leading global network energy solutions provider, has released it’s AI BOOST FusionSolar 6.0 Smart PV Solution at the ongoing SNEC conference in Shanghai. In the technological integration of multi-MPPT design, intelligent multi-peak tracking, smart I-V diagnosis 3.0, and AI boost connection algorithm, the FusionSolar 6.0 Solution reduces LCOE by more than 8%, creating […] Read more
Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine Updated On Wed, Jun 5th, 2019 by Saurenergy Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
Duke Energy Florida to Build 22 MW Battery Storage System Updated On Tue, Jun 4th, 2019 by Saurenergy The company has scheduled the completion of all three projects by the end of 2020. Duke Energy Florida (DEF) has announced three battery storage projects, totaling 22 megawatts, that will improve overall reliability and support critical services during power outages. Collectively, the storage facilities will enhance grid operations, increase efficiencies and improve overall reliability for surrounding […] Read more
Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Mahindra Susten and Mitsui to Co-Develop Solar Plants in India Updated On Tue, Jun 4th, 2019 by Saurenergy Mahindra Susten and Mitsui have announced plans to co-develop and operate solar power projects in India. Mahindra Susten, the renewable energy arm of the Mahindra group, has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy […] Read more
SECI’s 100 MW Solar Tender For SCCL Extended and Amended Updated On Tue, Jun 4th, 2019 by Saurenergy The last date for bid submission for the SCCL tender has been extended till June 10, 2019, and the techno-commercial bids will be opened on the same date. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its SCCL tender for the Design, Engineering, Supply, Construction, Erection, Testing & […] Read more
Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms Updated On Mon, Jun 3rd, 2019 by Saurenergy Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […] Read more