General Motors Partners With DTE To Source Wind Energy in Michigan Updated On Wed, Feb 27th, 2019 by Saurenergy The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […] Read more
Rethinking a Renewable-Only Energy Future Makes Sense: Karin Kneissl Updated On Wed, Feb 27th, 2019 by Saurenergy The Austrian Foreign Minister has said that it now makes sense to rethink the renewable-only energy future. Austrian Foreign Minister Karin Kneissl has said that it now makes sense to rethink the renewable-only energy future because, in the process of aiming too high, the countries run the risk of missing their targets of socially acceptable […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Global Wind Capacity Grew By 51.3 GW in 2018 Updated On Tue, Feb 26th, 2019 by Saurenergy According to a new report, the wind industry installed 51.3 GW of new capacity in 2018, a decrease of 3.6% compared to 2017, as total installed wind capacity reached 591 GW. The latest data released by the Global Wind Energy Council shows that the wind energy industry installed 51.3 GW of new capacity in 2018. […] Read more
Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
KfW & FMO backed 50.4 MW Wind Project in Argentina Achieves Financial Closing Updated On Mon, Feb 25th, 2019 by Saurenergy The USD138 million project is being financed by KfW IPEX-Bank and the Dutch development bank (FMO). Total Eren, a leading renewable energy Independent Power Producer (“IPP”) based in Paris, has announced the successful closing of the financing of its 50.4 MW “Malaspina” wind project in southern Argentina. The USD138 million project is being financed by […] Read more
KPIT Announces Winners of the Fifth Edition of Its National Innovation and Design Contest, KPIT Sparkle 2019 Updated On Mon, Feb 25th, 2019 by Saurenergy Team Aqua from Army Institute of Technology, Pune won the Platinum Award at KPIT Sparkle 2019 KPIT, a global leader in automotive engineering and mobility solutions, has announced the winners of its annual national design and development innovation contest, KPIT Sparkle 2019. The competition aims at fostering innovation among students by providing them with an […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Three Wind Energy Projects in Bolivia Begin Construction Updated On Fri, Feb 22nd, 2019 by Saurenergy The preliminary work on the wind farm project and the design of the wind turbines are expected to begin in the next 90 days. Bolivian President Evo Morales announced the construction of three wind power plants this year, following the signing of a Supreme Decree that authorizes the credit agreement with the Danish Agency for […] Read more
