ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
EBRD, BSTDB to Finance 57.6 MW Solar Plant in Ukraine Updated On Sat, Feb 16th, 2019 by Saurenergy Now, the country is mulling to increase the share of renewables in its energy mix mainly on account of a new solar plant located in the Mykolaiv region. International lenders, the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) will be financing the 57.6 MW new solar […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
Hanergy to Set Up ME’s 1st Thin-Film Solar Park with $1 Bn Investment Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, the two companies will collaborate to develop renewable energy manufacturing facilities in Saudi Arabia and conjointly seek relevant investment opportunities. Thin-film solar power solutions giant Hanergy Thin Film Power Group signed an investment cooperation pact with Ajlan & Bros to launch the first solar thin-film industrial park in the Middle East (ME) region. Further, […] Read more
Melbourne Becomes First City to Power its Council Buildings with 100% RE Updated On Thu, Jan 17th, 2019 by Saurenergy The group agreed to purchase 88GWh of electricity per year, about half of the energy that will be produced by the 80MW Crowlands Windfarm. The City of Melbourne has announced that its entire council is now powered by 100 percent Renewable Energy. In doing so, the city has now become the first in Australia to […] Read more
Measuring Solar Panel Degradation with Machine Learning Updated On Tue, Jan 15th, 2019 by Saurenergy The duo has spent the last few years developing and improving statistical and machine learning-based alternatives to enable real-time inspection of solar panels. Parveen Bhola, a research scholar at India’s Thapar Institute of Engineering and Technology, and Saurabh Bhardwaj, an associate professor at the same institution, have developed an innovative technique to inspect solar panels […] Read more
Composite Insulators Market to exceed $2.5 Bn by 2024 Updated On Fri, Jan 11th, 2019 by Saurenergy Composite Insulators Market is set to grow from its current market value of more than USD 1.5 Billion to over USD 2.5 Billion by 2024; according to a new research report by Global Market Insights, Inc. The global composite insulators market is expected to gain major traction on account of the fact that the world […] Read more
Vestas Secures 18 MW Order in Taiwan Updated On Thu, Jan 3rd, 2019 by Saurenergy The order includes the supply and supervision of installation of 5 V105-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode. Vestas has secured 18 MW order in Taiwan with local Engineering Procurement and Construction provider Star Energy Corporation for two of their latest wind energy projects. The order includes the supply and supervision of […] Read more
Vestas Secures 328 MW Wind Turbine Order in Norway Updated On Mon, Dec 31st, 2018 by Saurenergy Utilising the 4 MW platform’s flexibility, the turbines will ensure a high capacity factor and maximise energy production in a tailormade configuration. Vestas has secured an order for several wind projects in Norway totaling a capacity of 328 MW that will feature different 4 MW platform turbine variants from Vestas’ product portfolio. Utilising the 4 […] Read more