Wärtsilä’s Energy Storage Projects in Philippines Achieves Final Commission Updated On Thu, Jun 3rd, 2021 by Saurenergy Finnish manufacturer and service provider of power sources and other equipment in the marine and energy markets, Wärtsilä Corporation announced the final commissioning of the first two of its multiple energy storage projects in the Philippines. Wärtsilä has had signed many projects with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., […] Read more
CESL & CLASP Sign MoU to Deploy High-quality Energy Efficiency Tech Updated On Wed, Jun 2nd, 2021 by Saurenergy Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), signed a Memorandum of Understanding (MoU) today, with CLASP, an international non-profit organisation, for the deployment of high-quality energy efficiency technologies. Convergence is focused on delivering clean, affordable and reliable energy through providing energy solutions that lie at the confluence […] Read more
GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia Updated On Fri, May 28th, 2021 by Saurenergy California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
IRENA and Siemens Energy Sign Partnership Agreement Updated On Tue, May 25th, 2021 by Saurenergy The International Renewable Energy Agency (IRENA) has today signed a partnership agreement with Siemens Energy aimed at advancing the global energy transition. Under the agreement, the organisations will strengthen collaboration on the application of technology to advance and deepen the transition to renewable energy around the world. The wide-ranging scope of collaboration extends to a […] Read more
New Energy Master Plan Must Aim to Favor Bangladesh Over Japan: IEEFA Updated On Tue, May 25th, 2021 by Saurenergy JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and […] Read more
