723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
Maharashtra Issues Tender For 184 MW Solar Projects for AG Feeders Updated On Wed, Mar 13th, 2019 by Saurenergy The last date for bid submission is April 16, 2019. The Maharashtra State Power Generation Company Limited (MAHAGENCO) has issued a tender inviting online bids for the development of 184 MW of grid-interactive solar PV power plants at various locations in the state. The successful bidder will also have to provide operations and maintenance (O&M) for 25 […] Read more
Fortum Wins Right to Build 250 MW Solar Project in India Updated On Tue, Mar 5th, 2019 by Saurenergy Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […] Read more
Top Stories of the Week for Solar Industry Updated On Thu, Feb 28th, 2019 by Saurenergy Narendra Modi Flags Off First Ever Diesel to Electric Locomotive Prime minister Narendra Modi has flagged off the world’s first ever diesel to electric converted locomotive at the Diesel Locomotive Works in Varanasi. The Prime Minister unveiled the first of its kind converted electric locomotive during his visit to Varanasi, Uttar Pradesh on February 19, […] Read more
Aligarh Muslim University Unveils New Rooftop Solar System Updated On Tue, Feb 26th, 2019 by Saurenergy The total capacity of solar plants in the campus now stands at 6.5 MWp. Aligarh Muslim University (AMU) has recently inaugurated a new on-grid solar system on the rooftops of its Senior Secondary School-Girls, Ajmal Khan Tibbiya College, Sarojni Naidi Hall, S N Hall, Women’s Polytechnic, Bibi Fatima Hall, Department of Computer Engineering, New Hall for Girls, […] Read more
Sungrow Shipments to India Hits 3 GW Updated On Fri, Feb 22nd, 2019 by Saurenergy Sungrow has crossed the 3 GW mark for inverter shipments in India, and the company claims to have contracts signed and ready for the shipment of another 1 GW of inverters soon. Sungrow, one of the leading inverter solution supplier for renewables, recently announced that it has surpassed 3GW of inverter shipments, announcing it is accelerating […] Read more
Maharashtra Invites Bids For Setting Up 4 Solar Parks Updated On Tue, Feb 19th, 2019 by Saurenergy Maharashtra is seeking solar power developers to set up four solar parks of cumulative capacity of 450 MW. The Maharashtra State Power Generation Company Ltd. (MSPGCL) has issued a tender inviting bid for the selection of Solar Project Developers (SPD) for development of four Solar Parks in the state. The following locations have been proposed for […] Read more
