REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
New Intl Consortium to Advance High-Tech Mirrors Used in Solar Plants Updated On Thu, Dec 23rd, 2021 by Saurenergy The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), joined by partners at Sandia National Laboratories and the Australian Solar Thermal Research Institute, has announced the launch of the Heliostat Consortium (HelioCon): an international effort to drive down the cost of heliostats. HelioCon seeks to emphasise the significance of heliostats as a key […] Read more
TotalEnergies Unveils France’s Largest Battery Storage Facility Updated On Thu, Dec 23rd, 2021 by Saurenergy French petroleum refining company TotalEnergies has launched the largest battery-based energy storage facility in France, the company claimed in a recent official statement. Located at the Flandres center in Dunkirk, this site, which responds to the need for grid stabilization, has a power capacity of 61 MW and a total storage capacity of 61 megawatt […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
Top 3 Things You Need to Know About PV Plant Safety Updated On Mon, Dec 20th, 2021 by Saurenergy Introduction Solar energy has become one of the most popular forms of renewable Energy and the numbers of PV systems in use have rapidly grown in recent years. Like any energy generating option, Safety is always a key focus of attention. A solar system is normally composed of PV array, inverter, combiner box and […] Read more
J&K to Purchase 200 MW Solar Power from SECI for Next 25 Years Updated On Mon, Dec 20th, 2021 by Saurenergy The Jammu and Kashmir (J&K) Administrative Council, which met under the chairmanship of Lieutenant Governor Manoj Sinha on Friday, approved the purchase of 200 MW solar power through the Solar Energy Corporation of India (SECI) to meet growing power demand and promote the use of green and clean energy in Jammu and Kashmir, according to […] Read more
Honda 2Wheelers Unveils 2nd Wind Turbine System in Gujarat Updated On Fri, Dec 17th, 2021 by Saurenergy Honda Motorcycle & Scooter India (HMSI) on Thursday said its second wind turbine system at Bhanvad in Gujarat has gone on stream, which will help the company meet over 50 per cent of the energy requirements from hybrid renewable resources across all its four manufacturing plants. The wind turbine system at Bhanvad is around 350 […] Read more
Ares Secures $2.2 B for Climate Infrastructure Capital Updated On Fri, Dec 17th, 2021 by Saurenergy Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […] Read more
