India gets Lowest Wind Tariff of Rs. 2.64 per kWh in second Wind Auction of 1000 MW Updated On Thu, Oct 5th, 2017 by Saurenergy The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India yesterday. The tariff discovered is much lower than first wind auction concluded at Rs. 3.46 per kWh […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Making Smart India Updated On Fri, Sep 29th, 2017 by Saurenergy It is believed that the most attractive and fastest growing cities in 2023 will be those that embrace the need to create sustainable intelligent communities where the citizens, administration and the government work together constructively to produce regional energy that can be either consumed or supplied to local networks, using local resources and consumed on […] Read more
Enerwhere powers DIFC construction site with largest lithium-ion battery in the Middle East Updated On Fri, Sep 29th, 2017 by Saurenergy This is Enerwhere’s second installation for Multiplex in the UAE. Enerwhere provides this solution on a lease basis, requiring no upfront investment by Multiplex. Enerwhere recently completed the installation of a solar hybrid generator system for Multiplex’ site offices at ICD Brookfield Place in the Dubai International Financial Centre. A first in the Middle […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
Fate of Paris Climate Accord Updated On Wed, Sep 27th, 2017 by Saurenergy “WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […] Read more
Fonrich Shined at REI Expo with PV Power Optimizer and Intelligent SMU Updated On Tue, Sep 26th, 2017 by Saurenergy Fonrich New Energy shined at Renewable Energy India Expo with its advanced PV Power Optimizer and Intelligent String Monitoring Unit. Fonrich New Energy, a leading solar power company located in Shanghai, China, has entered the Indian solar market with its smart generation and intelligent O&M solution for both rooftop and megawatts projects. It’s the first […] Read more
US could stay in the Paris Agreement on climate change under right conditions: Rex Tillerson Updated On Mon, Sep 18th, 2017 by Saurenergy Tillerson’s remarks were in line with previous statements from the US State Department which said that the US is “open to re-engaging in the Paris Agreement if the US can identify terms that are more favourable to it, its business, its workers, its people, and its taxpayers” US Secretary of State Rex Tillerson said that […] Read more