Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
Watch: In Conversation with Anil Bhat, Sr. VP – Business Development, Amplus Solar Updated On Tue, Nov 19th, 2019 by Saurenergy Amplus Solar is an arm of PETRONAS (Petroliam Nasional Berhad) Group, Malaysia. It is Asia’s one of the leading distributed energy companies providing low carbon energy solutions to commercial and industrial (C&I) customers. For this, the company has set-up both on-site (rooftop and ground mounted) and off-site solar projects. It has a portfolio of 150+ C&I customers across diverse […] Read more
GE Secures 350 MW Order for Wind Project in Texas Updated On Tue, Nov 19th, 2019 by Saurenergy GE Renewable Energy has been selected by Innergex to supply 139 wind turbines for Innergex’s 350 MW Foard City Wind project in Texas. GE Renewable Energy has announced that it has been selected by Innergex Renewable Energy to supply 139 of its 2.X-127 onshore wind turbines on 89-meter towers for Innergex’s approximately 350 MW Foard […] Read more
Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
GCL and Powin Energy JV to Deliver Energy Storage Solutions Updated On Mon, Nov 18th, 2019 by Saurenergy GCL SI and Powin Energy have announced a JV, G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. GCL System Integration (GCL SI) and Powin Energy have announced a joint venture (JV), branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. “GCL SI has supplied over 18 GW of […] Read more
Pakistan Signs Deal for 560 MW of new Wind Energy Capacity Updated On Mon, Nov 18th, 2019 by Saurenergy Pakistan through its AEDB has signed implementation agreements with 11 wind IPPs for 560 MW of new wind energy capacity to serve the Pakistan grid. In the efforts to achieve greater energy security, the Government of Pakistan through it’s Alternative Energy Development Board (AEDB) has signed implementation agreements and guarantees direct agreements with 11 wind […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
TBEA To Open GW-class PV Inverter Facility in India on November 29 Updated On Fri, Nov 15th, 2019 by Saurenergy TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […] Read more
ADB Secures GCF Funding for Innovative Climate Finance Fund in China Updated On Fri, Nov 15th, 2019 by Saurenergy GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […] Read more
