Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019 Updated On Wed, Jun 5th, 2019 by Saurenergy Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […] Read more
Huawei Releases AI Boost FusionSolar 6.0 Smart PV Solution at SNEC Updated On Wed, Jun 5th, 2019 by Saurenergy Huawei, a leading global network energy solutions provider, has released it’s AI BOOST FusionSolar 6.0 Smart PV Solution at the ongoing SNEC conference in Shanghai. In the technological integration of multi-MPPT design, intelligent multi-peak tracking, smart I-V diagnosis 3.0, and AI boost connection algorithm, the FusionSolar 6.0 Solution reduces LCOE by more than 8%, creating […] Read more
Canadian Solar Signs Solar PPA with Oil & Gas Major ‘Energy Transfer’ Updated On Wed, Jun 5th, 2019 by Saurenergy Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has signed a PPA with oil and gas pipeline company, Energy Transfer. Canadian Solar, one of the world’s largest solar power companies, announced that its wholly owned subsidiary Recurrent Energy has signed a power purchase agreement (PPA) with Dallas-based oil and gas pipeline company, Energy Transfer. Representing the oil […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments Updated On Wed, Jun 5th, 2019 by Saurenergy The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […] Read more
South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project Updated On Tue, Jun 4th, 2019 by Saurenergy The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […] Read more
Centuary Mattresses Goes Solar With Freyr Energy Updated On Tue, Jun 4th, 2019 by Saurenergy The move came as the company wants to fulfill its rising energy demand via eco-friendly uninterrupted power supply after it saw surge in business operations and also acceleration in mattresses production. In a bid to contribute towards country’s clean and green energy initiatives, one of the leading mattress makers, Centuary Mattresses has successfully commissioned 240 […] Read more
Vestas Selected as EPC Service Provider For South African Wind Project Updated On Tue, Jun 4th, 2019 by Saurenergy Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […] Read more
Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
