Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018 Updated On Mon, Jun 17th, 2019 by Saurenergy A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […] Read more
Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021 Updated On Wed, Jun 12th, 2019 by Saurenergy Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […] Read more
FMO Acquires 40% Stake in Scatec Solar’s Kamianka Project in Ukraine Updated On Thu, Jun 6th, 2019 by Saurenergy Scatec Solar has signed an agreement with FMO, for it to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. Scatec Solar has signed an agreement with FMO, the Dutch development bank, for FMO to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. The […] Read more
SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
CERC Drafts Outline For Power System Development Fund Updated On Wed, May 29th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […] Read more
Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project Updated On Wed, May 29th, 2019 by Saurenergy Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […] Read more
Fortum and Nordkraft JV to Target Norwegian Wind Power Development Updated On Mon, May 27th, 2019 by Saurenergy Fortum and Norwegian energy company Nordkraft have formed a joint venture, Fortum Nordkraft Vind DA, to develop new wind power projects in Norway. The two companies have been successfully co-operating in Norwegian wind power since 2017 when Fortum entered the Norwegian wind market. “Fortum’s goal is to grow substantially in the Nordic wind and Norway […] Read more
Vestas to Supply Turbines For Fortum’s First Large-Scale Project in Finland Updated On Wed, May 22nd, 2019 by Saurenergy Turbine delivery is scheduled for the second quarter of 2020, while commissioning is planned at the latest in the first quarter of 2021. Vestas has secured an order from Nordic clean energy company Fortum, for the 90 MW wind project Kalax in the province of Närpio in Western Finland, the first large-scale wind energy project […] Read more
Residential Storage Market Project to Reach $17.5 Bn by 2024 Updated On Thu, May 9th, 2019 by Saurenergy A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […] Read more
