Magenta Power Launches Academy to Offer Training and Education in Green Energy Solutions Updated On Wed, Apr 17th, 2019 by Saurenergy The training provides practical tools to accelerate green energy deployment, that shall facilitate knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population. Magenta Power, a pioneer in renewable energy solutions and EV charging infrastructure space in India, announces the launch of its academy ‘MITRA’ that shall support Individuals and […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
Siemens Gamesa Wins 77 MW Order For Denmark’s Largest Onshore Wind Project Updated On Mon, Apr 15th, 2019 by Saurenergy Siemens Gamesa has signed an order with Eurowind Energy for Thorup-Sletten, the largest onshore windfarm in Denmark to date. The company has signed the agreement for the supply of 18 onshore turbines that will have a total capacity of 77 MW and an electricity production equivalent to the average annual consumption of approximately 65,000 households. […] Read more
Transition to 100% RE by 2050 ‘Cost-Effective’: EWG Study Updated On Mon, Apr 15th, 2019 by Saurenergy A new study by the Energy Watch Group and LUT University is the first of its kind to outline a 1.5°C scenario with a cost-effective, cross-sectoral, technology-rich global 100% renewable energy system that does not build on negative CO2 emission technologies. In what should be good news for skeptics worried about the cost of transitioning […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
SECI Struggles with Implementation, 3rd Extension For 97.5 MW Rooftop Scheme Updated On Mon, Apr 15th, 2019 by Saurenergy The last date for submissions has been extended to April 30, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the second time in the last 7 days. On April 9, 2019, the nodal […] Read more
Salt as Energy Storage: Vattenfall Launches Pilot Project at Berlin Thermal Plant Updated On Fri, Apr 12th, 2019 by Saurenergy Vattenfall, together with the Swedish company SaltX Technology, will test how renewable wind and solar power can be stored in salt. The pilot plant at the Reuter thermal power plant in Spandau, Berlin, has a total storage capacity of 10 MWh and was officially commissioned today. In experiments, SaltX’s patented technology has proven to be […] Read more
China’s CEI, French EDF Group Team Up for Offshore Wind in Jiangsu Province Updated On Fri, Apr 12th, 2019 by Saurenergy China Energy Investment and Electricite de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province. The project is the first offshore wind power venture with both domestic and foreign investment in China. A total of 7.94 billion yuan (US$1.18 billion) will be invested, […] Read more
