Philippines Switches on its First Hybrid Floating Solar Project Updated On Tue, Jul 16th, 2019 by Saurenergy The first floating solar power project in the Philippines was recently switched on by Ocean Sun, a leading solar energy company based in Norway. The Philippines first 200 kW floating solar power project by Ocean Sun, a leading solar energy company based in Norway, was recently switched on. The joint project is part of the partnership between Ocean Sun […] Read more
American Electric Power Seeks to add 1500 MW Wind Capacity in Oklahoma Updated On Tue, Jul 16th, 2019 by Saurenergy American Electric Power has announced that its PSO and SWEPCO companies are seeking approvals to purchase 3 wind projects under development in Oklahoma American Electric Power, a major investor-owned electric utility has announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co (SWEPCO) companies are seeking regulatory approvals to purchase three […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
Power Billing to Move From Postpaid to Prepaid: R K Singh Updated On Tue, Jul 16th, 2019 by Saurenergy India is moving towards a new regime where a power consumer would pay first and then get power supply, Union minister R K Singh has said. India is moving towards a new regime where a power consumer would pay first and then get power supply, which would eventually deal with the issue of non-payment in the sector, […] Read more
Future to be Driven by Clean Mobility Powered with RE: Dr. Ajay Mathur Updated On Mon, Jul 15th, 2019 by Saurenergy The event facilitated the exchange of knowledge and experience and initiated sustainable partnerships in the fields of renewable energy and e-mobility. The future is expected to be driven by clean mobility powered with abundantly available renewable energy (RE), said Dr. Ajay Mathur, Director General, The Energy and Resources Institute (TERI). “If powered by clean energy, […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Masdar Signs MoU in Armenia for Development of 500 MW RE Projects Updated On Mon, Jul 15th, 2019 by Saurenergy Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […] Read more
Financial Close for 588 MW Offshore Wind Farm off Scotland Updated On Mon, Jul 15th, 2019 by Saurenergy The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities. The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities, Beatrice Offshore Windfarm Ltd (BOWL) has announced. […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
