ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
Senvion Installs the Tallest Wind Turbine in France Updated On Tue, Mar 19th, 2019 by Saurenergy Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines, has announced that it has installed the tallest wind turbines in France for BayWa r.e. With a tip height of 200 meters, the Senvion 3.0M122 wind turbines are currently being installed in the wind farm Les Landes, located in the French department of […] Read more
India Ranks 4th in the World by Wind Energy Capacity Updated On Mon, Mar 18th, 2019 by Saurenergy According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […] Read more
Hanergy Launches Netherland’s Largest Thin-Film Solar Power Industrial Park Updated On Sat, Mar 16th, 2019 by Saurenergy The 11.4 MW park spans across 22 hectares and aims to produce annually the electricity equivalent for 3,500 households in the Netherlands. The world’s largest thin-film solar power solution company, Hanergy Thin Film Power Group, has officially launched Roodehaan solar park in Groningen, Netherlands, generating power equivalent for 3,500 households annual consumption in the Netherlands. The event […] Read more
Rajasthan Issues Amendment For Determination of Tariff For Wind and Solar Energy Updated On Fri, Mar 15th, 2019 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has issued draft regulations for as a second amendment to the terms and Conditions for determination of tariff for renewable energy sources, specifically Wind and Solar Energy in the state. The latest amendments/regulation will supersede the regulations for determining tariffs which were first issued in 2014. Key Highlights: […] Read more
Global Offshore Wind Capacity to Cross 81 GW by 2024 Updated On Thu, Mar 14th, 2019 by Saurenergy The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra Updated On Mon, Mar 11th, 2019 by Saurenergy The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […] Read more
GWEC, WBG to Work Together to Develop Global Offshore Wind Markets Updated On Thu, Mar 7th, 2019 by Saurenergy GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […] Read more
