Dutch Engineers To Construct World’s Largest Sun-seeking Floating Solar Islands Updated On Fri, Apr 26th, 2019 by Saurenergy Dutch engineers are building what will be the world’s largest archipelago of islands made up of sun-tracking solar panels. The 15 floating solar islands will possess sunflower-like ability to turn to face the sun Currently, large islands of solar panels are under construction or already in place in reservoirs and lakes across the Netherlands, China, […] Read more
Funding from International Solar Alliance Termed Domestic Funding Updated On Fri, Apr 26th, 2019 by Saurenergy Projects through the International Solar Alliance, (ISA), now fast emerging as the most prestigious forum for India’s push for renewable influence and impact, has been exempted from being classified as foreign funding. The move by India’s home ministry to exempt the International Solar Alliance, from being classified as a foreign source of funding for non-governmental […] Read more
World Bank Approves $200 Mn Regional Off-Grid Electrification Project Updated On Fri, Apr 26th, 2019 by Saurenergy The World Bank Group has approved the Regional Off-Grid Electrification Project (ROGEP) to help expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region. The Board of the World Bank Group approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and […] Read more
European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania Updated On Fri, Apr 26th, 2019 by Saurenergy The scheme will contribute to Lithuania’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types […] Read more
JinkoSolar Supplies 100 MW Modules For Vietnamese Solar Projects Updated On Fri, Apr 26th, 2019 by Saurenergy JinkoSolar, one of the leading solar module manufacturers based out of China, has announced that it has supplied 100MW of high efficient solar modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, one of Vietnam’s largest solar power projects. The project is located in Buon Don district in the Central Highlands province […] Read more
ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific Updated On Fri, Apr 26th, 2019 by Saurenergy The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […] Read more
India’s Renewable Push On Track Despite 2018/19 Blip Updated On Fri, Apr 26th, 2019 by Saurenergy IEEFA’s briefing note, India’s electricity sector transition still on track despite a weak FY2018/19, projects renewable additions through 2021/22 based on the auction and tender activities during the past 18 months. The 2018-19 financial year turned out to be a sluggish year for both the renewable as well as thermal sectors in India in terms of increased […] Read more
Iberdrola Posts First Quarter Profit Increase of 15 Percent Updated On Fri, Apr 26th, 2019 by Saurenergy The group is moving forward with 4,100 new MW of capacity scheduled for 2019, which will increase annual production by 13%, and another 8,800 MW between 2020 and 2022. Spanish public multinational electric utility company, Iberdrola recently issued its first quarter financial results. Obtaining a net profit of €963.9 million in the first three months, […] Read more
Pre-bid Meeting & Site Visit Notification For 100 MW Solar Tender at SCCL Updated On Fri, Apr 26th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a notification with the schedule for the pre-bid meeting and site visit for its tender regarding the development of 100 MW of solar PV power plants under different packages at Singareni Collieries Company Limited (SCCL) in Telangana. A pre-bid/clarification meeting has been scheduled to be held […] Read more