IFC, NADB Provide $200 mn Loan for Solar Project in Mexico Updated On Thu, Nov 21st, 2019 by Saurenergy IFC and NADB will provide USD 200 million in green loans to IEnova, to finance four solar power plants with a total capacity of 376 MW across Mexico. The International Finance Corporation (IFC), a member of the World Bank Group, and the North American Development Bank (NADB) will provide USD 200 million in green loans […] Read more
Azelio Signs MoU for 120 MW Storage Facilities in California Updated On Mon, Nov 18th, 2019 by Saurenergy Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
BHEL Inaugurates 5 Solar EV Chargers on Delhi-Chandigarh Highway Updated On Mon, Sep 2nd, 2019 by Saurenergy State-owned Bharat Heavy Electricals Limited has set up 5 electric vehicle chargers on the Delhi-Chandigarh highway. India’s largest power equipment manufacturer BHEL is expanding its footing in the electric mobility business. The Bharat Heavy Electricals Limited (BHEL) is setting up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway. Five charging stations […] Read more
Hanergy Bags 1st Large Scale Solar Rooftop Project in Vietnam Updated On Fri, Aug 30th, 2019 by Saurenergy Hanergy has signed a construction cooperation agreement with Landmark Parasolar to build its first large scale rooftop solar power project in Vietnam One of the leading thin-film power solution companies in the world, Hanergy has announced that it has signed a construction cooperation agreement with Landmark Parasolar to build its first large scale rooftop solar […] Read more
PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project Updated On Wed, Aug 28th, 2019 by Saurenergy PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan. State-run PowerGrid Corporation of India (PGCIL) has announced that its board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan. The […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
US Wind Pipeline Stands at Nearly 42 GW, 736 MW Commissioned in 2nd Quarter Updated On Sat, Aug 3rd, 2019 by Saurenergy US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the AWEA US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the American Wind Energy Association (AWEA). Strong […] Read more
Siemens Gamesa Doubles Net Income in First 9 Months of FY 19 Updated On Tue, Jul 30th, 2019 by Saurenergy Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […] Read more
