723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] Read more
China’s Ambitious Solar Power Space Project is a bet on the future Updated On Wed, Mar 20th, 2019 by Saurenergy China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […] Read more
Nordex Wins Wind Projects Totalling 108 MW in Greece Updated On Wed, Mar 20th, 2019 by Saurenergy European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
Tata Power Solar’s Retail Rooftop Solution Moves to Kolkata Now Updated On Wed, Mar 20th, 2019 by Saurenergy Tata Power Solar has launched a residential rooftop solution in Kolkata after a city wise sequence of launches including Delhi, Mumbai, Ajmer, Hyderabad and Guwahati. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Kolkata. The residential rooftop solutions are expected to save up to Rs […] Read more
Panasonic Sets Up EV Charging Station at BSES Yamuna Power Limited Updated On Tue, Mar 19th, 2019 by Saurenergy Panasonic, a diversified technology company, announced its collaboration with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. Globally known for sustainable efforts, Panasonic has developed the charging station in India at their in-house R&D center. The EV charging station was inaugurated in the presence of […] Read more
Telangana Municipal Corporation: No Solar Panels, No New House Permit Updated On Tue, Mar 19th, 2019 by Saurenergy In the sort of decisiveness the industry could do within other states, in Telangana, the Municipal Body has made housing permits subject to solar installations. Telangana town municipality in Karimnagar is pulling out all stops to push for Renewable energy in its grid and at the same time finding customers for it. The Municipal Corporation […] Read more
