GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia Updated On Fri, May 28th, 2021 by Saurenergy California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […] Read more
Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
Solar Alliance Signs Agreement for First U.S. Operating Asset Updated On Thu, May 27th, 2021 by Saurenergy Recurring revenue over 30-year project life in New York State seen as “significant catalyst” for U.S. growth plans Solar Alliance Energy Inc. is pleased to announce it has signed a binding Letter of Intent (the “Agreement”) with Abundant Solar Power Inc. (“Abundant”) to build, own and operate a 350 kilowatt (“kW”) solar project in New […] Read more
Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA Updated On Thu, May 27th, 2021 by Saurenergy Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […] Read more
SW Solar Hit By Disruptions, Estimates Impact At Rs 160-170 Cr For 2020-21 Updated On Thu, May 27th, 2021 by Saurenergy Sterling And Wilson Solar, India’s leading Solar EPC firm and among the global elite in the segment, had seen it fit to inform the stock exchanges of a material impact on its business on May 16. The impact related to the year ending March 2021, where the firm is yet to declare its Q4, and […] Read more
Adani Solar Bags Top Performer at PVEL PQP Awards Updated On Wed, May 26th, 2021 by Saurenergy The Solar PV manufacturing and EPC arm of Adani Group, Adani Solar today announced that it has secured the ‘Top Performer’ rank in PV Module Product Qualification Program (PQP) in the seventh annual PV Module Reliability Scorecard of PVEL (PV Evolution Labs LLP). Adani Solar has secured this rank for the fourth time in a […] Read more
Say Goodbye To 2020’s Low Solar Bids, As Price Hikes Continue In Modules, Cells Updated On Wed, May 26th, 2021 by Saurenergy The record low prices last seen in GUVNL’s 500 MW auction, when NTPC won with a bid of Rs 1.99/ unit, may be a distant memory as solar equipment prices continue their upward march in 2021. Those low prices in the last big auction of 2020, blamed on NTPC flexing muscle and projections of a […] Read more
