Partners in Progress: India Calls Out For Energy Security in Asia Updated On Thu, May 2nd, 2019 by Saurenergy India’s Minister of State for External Affairs V K Singh has called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, the minister urged the Member States […] Read more
Ørsted Takes FID on Two Offshore Wind Farms in Taiwan Updated On Wed, May 1st, 2019 by Saurenergy Denmark-based power company has announced that it has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently, Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff […] Read more
Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid Updated On Wed, May 1st, 2019 by Saurenergy Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […] Read more
Stable Prices for Lithium Could be Good News for India’s EV dreams Updated On Tue, Apr 30th, 2019 by Saurenergy From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […] Read more
Denmark Identifies Areas for 12.4 GW of New Offshore Wind Updated On Tue, Apr 30th, 2019 by Saurenergy A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […] Read more
Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report Updated On Tue, Apr 30th, 2019 by Saurenergy The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […] Read more
India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […] Read more
Suzlon Retains Top Position Among Wind Equipment Manufacturers in India Updated On Mon, Apr 29th, 2019 by Saurenergy Like in the previous year, in 2017-18 too, Suzlon became the leading original equipment manufacturer (OEM) in India. Among the wind equipment manufacturers in India, Suzlon installed the most in FY 2018-19 with 581 MW, followed by Denmark based wind energy company Vestas with 492 MW, while Siemens Gamesa installed about 261 MW, according to […] Read more
World Bank’s New Program to Accelerate Sustainable Cooling in Developing Countries Updated On Mon, Apr 29th, 2019 by Saurenergy The program will provide technical assistance to ensure that efficient cooling is included in new World Bank Group investment projects and mobilize further financing. The World Bank has announced a new program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will provide technical […] Read more
