Fresh Covid Guidelines: RE Projects Allowed From April 20 Updated On Wed, Apr 15th, 2020 by Saurenergy The renewable energy industry, especially utility-scale solar and wind energy projects, received a small relief, in the form of permission to restart construction work on ongoing projects, as well as fresh projects possibly, from April 20 onwards. In an order dated April 15, signed by the Union Home Secretary, the order laid down the new […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
Electricity Storage Valuation Framework Updated On Wed, Apr 1st, 2020 by Saurenergy Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
Vestas Secures Full Wind Volume in Danish Auction Round Updated On Fri, Mar 20th, 2020 by Saurenergy Vestas has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. Vestas has announced that it has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. With this order, Vestas has […] Read more
SmartCity Kochi Wins Award for its Go-Green Efforts Updated On Thu, Mar 19th, 2020 by Saurenergy SmartCity Kochi has won an award for ecological sustainability in recognition of the IT township’s go-green efforts that save energy, conserve water, etc. SmartCity Kochi, a joint venture company formed by the Kerala government and Dubai Holding, has won an industry body’s award for ecological sustainability in recognition of the IT township’s go-green efforts that save energy, conserve water, […] Read more
Vestas Secures 1st Order Worth 201 MW for new V155-3.3 MW Turbine in China Updated On Thu, Mar 5th, 2020 by Saurenergy Vestas has secured the first order for 61 of its new V155-3.3 MW turbines for two wind power projects in China that totals 201 MW. Vestas has secured the first order for the V155-3.3 MW turbine variant for two projects in China that totals 201 MW. The order includes the supply of 61 turbines and […] Read more
Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California Updated On Mon, Mar 2nd, 2020 by Saurenergy Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […] Read more
