NRG Systems and ZX Lidars Seal New Partnership Updated On Wed, Mar 20th, 2019 by Saurenergy With the Wind Energy market getting a second wind on the back of offshore sites and wider markets opening up in Asia and South America, consolidation and partnerships are starting up in the sector. NRG Systems, Inc., a designer and manufacturer of smart technologies for a range of wind, solar, and meteorological applications, has announced […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects Updated On Tue, Mar 19th, 2019 by Saurenergy The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […] Read more
India Ranks 4th in the World by Wind Energy Capacity Updated On Mon, Mar 18th, 2019 by Saurenergy According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […] Read more
GE to Modernise Rajasthan’s Transmission Grid Updated On Sat, Mar 16th, 2019 by Saurenergy GE will modernise the Rajasthan Transmission Grid with First-of-Its-Kind Advanced Grid Management Project in India, becoming the first state to implement game-changing power transmission technology. GE Renewable Energy’s Grid Solutions business today announced that it has been awarded a technology-driven grid modernisation project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as part of the […] Read more
National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval Updated On Fri, Mar 15th, 2019 by Saurenergy The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […] Read more
BSES Yamuna Commissions Solar Microgrids With Energy Battery Storage Updated On Thu, Mar 14th, 2019 by Saurenergy BYPL has launched a pilot to establish solar microgrids, becoming one of the first discoms in the country to do so in an urban setting. In its quest to take rapid strides for sustainable development, BSES Yamuna Power Limited (BYPL) has launched a pilot to establish solar micro-grids, becoming one of the first discoms in […] Read more
Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure Updated On Thu, Mar 14th, 2019 by Saurenergy The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […] Read more
Italy’s Eni Accelerates Shift to Decarbonisation with New Solar Plants in Tunisia and Pakistan Updated On Thu, Mar 14th, 2019 by Saurenergy Eni S.p.A. an Italian oil and gas major has commenced work on the construction of two new solar photovoltaic projects in Pakistan and Tunisia. The Pakistan plant will be built in close proximity to the Bhit gas field at which Eni is the operator with a 40% stake, through its subsidiary Eni New Energy Pakistan. […] Read more
