Renewable Power to Boost Energy Security in Ukraine Till 2030 Updated On Tue, Oct 15th, 2019 by Saurenergy A new report has revealed that the proposed increase in renewable capacity in Ukraine is expected to boost energy security in the country in the near future Renewable installed capacity in Ukraine is set to grow at a 15.6 percent compound annual growth rate (CAGR) to reach 13.8 GW in 2030 from 2.8 GW in […] Read more
EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan Updated On Mon, Sep 16th, 2019 by Saurenergy EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Vestas Secures its Largest Order in Ukraine For 164 MW Wind Project Updated On Wed, Jun 12th, 2019 by Saurenergy Denmark-based wind energy major, Vestas has secured its largest order to date in Ukraine. Long-term customer Vindkraft has placed the order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year […] Read more
2018 a Record Breaking Year For Wind Turbine Manufacturers in Africa: Report Updated On Thu, Jun 6th, 2019 by Saurenergy 2018 was a record-breaking year for wind turbine manufacturers in Africa, boosted by strong demand and supply in South Africa. 2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to […] Read more
CERC Offers Relief to Welspun Energy in a Case with SECI Updated On Thu, Dec 20th, 2018 by Saurenergy WEPL had petitioned for an extension for the commercial operating date for 72 MW of grid-connected solar photovoltaic projects. In a relief to Welspun Energy Private Limited (WEPL), Central Electricity Regulatory Commission (CERC) has issued an order stating that land procurement delay on government’s part will be treated as Force Majeure (unavoidable circumstance). WEPL had […] Read more