Hindustan Zinc’s Pilot Floating Solar Plant Expected in 2-3 Months Updated On Tue, Jun 18th, 2019 by Saurenergy Hindustan Zinc, a group firm of the Vedanta Group, is close to achieving commissioning on its very first floating solar power plant. In an investor brief, the Vedanta said it is focussing on renewable energy and its group firm Hindustan Zinc plans its “first pilot floating solar to be completed in next 2-3 months.” The plant will […] Read more
IRENA Report on Water Use in India’s Power Generation Updated On Thu, Jun 13th, 2019 by Saurenergy This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector. Looking at the expected freshwater intensity of non-hydro power generation under different scenarios, the analysis aims to quantify the impact of India’s energy transition on freshwater use. The […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
Investors Paid the Price For GE Misjudging the Potential of Renewables Updated On Fri, Jun 7th, 2019 by Saurenergy Investors in GE lost billions due to the company misjudging the pace of the global energy transition towards renewable energy According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The […] Read more
Sungrow Announces Expansion of Its Product Portfolio at SNEC Updated On Thu, Jun 6th, 2019 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai. Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai, China, illustrating the unrivaled access to the maximized added value for the customers and unleashing informative […] Read more
Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco Updated On Thu, May 23rd, 2019 by Saurenergy Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […] Read more
EDP and Engie Join Forces To Enter Offshore Wind Sector Updated On Wed, May 22nd, 2019 by Saurenergy This ambitious alliance follows EDPR and ENGIE’s successful six-year cooperation as consortium partners in the Dieppe Le Tréport and Yeu Noirmoutier fixed offshore wind projects in France and Moray East and Moray West in the UK. French Power utility, Engie and Portugal’s largest electricity operator EDP have announced the signing of a strategic Memorandum of Understanding […] Read more
CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform Updated On Wed, May 15th, 2019 by Saurenergy The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […] Read more
Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
