Dominion Energy Virginia to Power Facebook’s New Data Center with Solar Power Updated On Fri, Oct 6th, 2017 by Saurenergy The new data center in Henrico County will be comprised of two separate buildings and administrative space totaling nearly one million square feet. Dominion Energy Virginia plans to construct multiple solar facilities in the Commonwealth (sites still to be determined) to both meet Facebook’s needs Dominion Energy Virginia has announced that it will add new […] Read more
EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan Updated On Thu, Oct 5th, 2017 by Saurenergy The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […] Read more
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
A Brief Perspective on Aggregated Forecast of Solar Power Generation Updated On Wed, Oct 4th, 2017 by Saurenergy The solar power generation shows a promising future in India. But due to the variability and intermittency, large scale renewable energy penetration in existing grid is a challenge and the proper policy and regulatory mechanisms, technological solutions and institutional structures are key issues in solar energy penetration. The ‘Forecasting and Scheduling’ (F&S) of variable renewable […] 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
French companies looking to invest in India in areas of renewables, defense, infrastructure Updated On Fri, Sep 29th, 2017 by Saurenergy A 45-member French delegation from sectors such as transport, logistics, ports & shipping, energy, environment, construction, infrastructure, digital sector, bank, insurance and legal services is in the city. French companies are exploring investment opportunities in India in areas of defence, infrastructure, renewable energy, and waste & water management & recycling. A 45-member French delegation from […] 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
ABB and Northvolt Partner for Europe’s Largest Battery Factory Updated On Thu, Sep 28th, 2017 by Saurenergy Northvolt will build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
