Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr Updated On Wed, Feb 6th, 2019 by Saurenergy The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […] Read more
VW’S Electrify America Will Use Tesla Battery Packs at 100 Charging Stations Updated On Wed, Feb 6th, 2019 by Saurenergy Electrify America Adds Tesla Battery Storage to More Than 100 New Charging Stations. Volkswagen Groups Electrify America plans to buy and install Tesla Powerpack battery systems at more than 100 of its electric vehicle charging stations in the US over the course of 2019. The battery systems will be deployed to mitigate higher power demand […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs Updated On Wed, Feb 6th, 2019 by Saurenergy The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […] Read more
France Launches First Offshore Wind Power Project Updated On Wed, Feb 6th, 2019 by Saurenergy LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen. LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the […] Read more
SECI Reschedules Pre-Bid Meeting for 7.5 GW J&K Tender Updated On Wed, Feb 6th, 2019 by Saurenergy The pre-bid meeting scheduled for February 15, 2019, has been rescheduled for February 18, 2019. The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for its RfS issued for 7500 MW Grid connected Ultra Mega Solar PV Projects in Leh and Kargil Districts, Jammu & Kashmir. The tender which was issued on […] Read more
ReneSola Secures Financing for Hungary and Poland Projects Updated On Tue, Feb 5th, 2019 by Saurenergy Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […] Read more
5 Reasons The Pre-bid Meeting for the Leh-Kargil 7.5 GW Tender is Critical Updated On Tue, Feb 5th, 2019 by Saurenergy On February 18th this month, interested bidders will be meeting at New Delhi, for answers to their queries and to give their own feedback on SECI’s massive 7.5 GW solar tender for Leh and Kargil in J&K. Here’s why this meeting could provide some clues to the next phase of solar in India. The idea […] Read more
