Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
GoodWe, GE Ink Global Licensing Deal Updated On Fri, Apr 3rd, 2020 by Saurenergy GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […] Read more
NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19 Updated On Fri, Apr 3rd, 2020 by Saurenergy NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […] Read more
SNEC 2020 Stands Postponed. No New Date Announced Updated On Thu, Apr 2nd, 2020 by Saurenergy After holding out for long, the organising committee of the SNEC (Smart Energy Event and Conference), Shanghai, which is by far the biggest trade show for the solar sector, has announced the postponement of this years event. The 2020 edition would have been the 14th edition of the expo. The conference+ exhibition was originally scheduled […] Read more
As Power Demand Slumps, RE Generators Brace For Impact Updated On Thu, Apr 2nd, 2020 by Saurenergy The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […] Read more
PFC Disburses Rs 11K Crore, Claims to be Unaffected by Lockdown Updated On Thu, Apr 2nd, 2020 by Saurenergy PFC has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31 and has claimed to be unaffected by it. State-owned Power Finance Corporation (PFC) has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31. The company claimed that the […] Read more
Siemens Gamesa Secures 312 MW Turbine Order in Brazil Updated On Thu, Apr 2nd, 2020 by Saurenergy Siemens Gamesa has secured its first order in Brazil for its next-generation 5.X platform, to supply 52 of its new turbines for the 312 MW Tucano wind farm. Siemens Gamesa Renewable Energy has announced that it has secured its first order in Brazil for its next-generation platform, the Siemens Gamesa 5.X. Following recent deals to […] Read more
Vestas Secures Turbine Orders Worth 301 MW in China Updated On Thu, Apr 2nd, 2020 by Saurenergy Vestas has announced that it has secured two new orders for wind turbines in China worth a combined 301 MW. Vestas has announced that it has secured two new orders for wind turbines in China worth a combined 301 MW. The first order has been received for a project that includes the supply of 56 […] Read more
BayWa Secures Tax Equity Commitment for its 250 MW Wind Project Updated On Thu, Apr 2nd, 2020 by Saurenergy BayWa r.e. Wind has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 MW Amadeus Wind project in Texas. BayWa r.e. Wind, part of the BayWa Group, has announced that it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 […] Read more
