Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019 Updated On Wed, Jun 5th, 2019 by Saurenergy Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […] 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
Vestas Selected as EPC Service Provider For South African Wind Project Updated On Tue, Jun 4th, 2019 by Saurenergy Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […] 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
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
Siemens Gamesa Bags Order For 640 MW Offshore Wind Project in Taiwan Updated On Mon, Jun 3rd, 2019 by Saurenergy Siemens Gamesa Renewable Energy has finally received the firm order for the 640 MW Yunlin offshore wind plant in Taiwan. Following its selection as the preferred supplier in May 2018, Siemens Gamesa Renewable Energy (SGRE) has received the firm order by wpd offshore to supply the 640 MW Yunlin offshore wind power plant in Taiwan. […] Read more
Canada Launches Climate Action Incentive Fund Updated On Mon, Jun 3rd, 2019 by Saurenergy Businesses that plan to build renewable energy projects are eligible to receive up to 25% of project-related costs, with funding ranging from C$20,000 to C$250,000, under the Climate Action Incentive Fund. The government of Canada has launched a new incentive program, the Climate Action Incentive Fund (CAIF), to help fight climate change, the federal […] Read more
IIT-Delhi In Search of Foreign Scientists for EV Research Centre CART Updated On Mon, Jun 3rd, 2019 by Saurenergy IIT-Delhi is on the lookout for international experts in the field of electric vehicles to boost its Centre for Automotive Research and Tribology (CART). V Ramgopal Rao, IIT-Delhi director, said they are eyeing to recruit professionals from countries like the US in the newly-formed department along with industry experts. According to him, a team will […] Read more
Power Tariff Set For EV Charging Stations in Chandigarh Updated On Fri, May 31st, 2019 by Saurenergy In its first move, the Joint Electricity Regulatory Commission (JERC) has fixed tariff plan for electric vehicle charging stations in Chandigarh. Boosting the business side of adopting electric vehicles at various commercial and residential complexes, JERC has fixed a tariff plan for EV charging stations in Chandigarh. In its latest order, the regulatory commission has […] Read more
