World Bank’s New Program to Accelerate Sustainable Cooling in Developing Countries Updated On Mon, Apr 29th, 2019 by Saurenergy The program will provide technical assistance to ensure that efficient cooling is included in new World Bank Group investment projects and mobilize further financing. The World Bank has announced a new program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will provide technical […] Read more
Iberdrola Posts First Quarter Profit Increase of 15 Percent Updated On Fri, Apr 26th, 2019 by Saurenergy The group is moving forward with 4,100 new MW of capacity scheduled for 2019, which will increase annual production by 13%, and another 8,800 MW between 2020 and 2022. Spanish public multinational electric utility company, Iberdrola recently issued its first quarter financial results. Obtaining a net profit of €963.9 million in the first three months, […] Read more
Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd. Updated On Mon, Apr 22nd, 2019 by Saurenergy Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […] Read more
GWEC Releases First Supply-Side Data Report, Vestas Well Ahead of the Rest Updated On Thu, Apr 18th, 2019 by Saurenergy The Norwegian company accounted for just over 20 percent of the market share, or more effectively every fifth wind turbine installed in the last year was manufactured by Vestas. The Global Wind Energy Council (GWEC) has published the first edition of its annual Global Wind Market Development – Supply-Side Data 2018. According to the report, […] Read more
Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec Updated On Mon, Apr 15th, 2019 by Saurenergy The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […] Read more
Sterlite Power Signs Concession Agreement for the Pampa Project in Rio Grande do Sul Updated On Fri, Apr 12th, 2019 by Saurenergy Sterlite Power announced the signing of the Concession Agreement for batch 13, won in auction No. 04/2018. The Director General, ANEEL and authorities representing the Brazilian Government were present for the signing. The agreement was finalized during the first technical management meeting with ANEEL’s Superintendence of Concessions, Permissions and Authorizations for Transmission and Distribution (SCT). […] Read more
Uttarakhand Irrigation Dept Tenders For 40 MW Solar PV Project Updated On Fri, Apr 12th, 2019 by Saurenergy The last date of bid submission is May 25, 2019. The Irrigation Department of Uttarakhand has issued a tender for the installation of 40 MW solar PV power projects on two of its dams in the state. The 40 MW cumulative capacity will be developed across two dams in the Udhamsinghnagar district of Uttarakhand. The […] Read more
Scatec Solar Brings First Part of 400 MW Solar Plant in Egypt Online Updated On Fri, Apr 12th, 2019 by Saurenergy Norway-based Scatec Solar has announced that it has grid-connected and reached commercial operation for 65 MW of its 400 MW Benban project in Egypt. The Benban solar power plant is Scatec Solar’s largest project under construction, and the company is the largest contributor to the 1.5 GW Benban site – the world’s largest solar park. […] Read more
Bihar Sets Generic Tariff For Solar Projects at Rs 4.17/kWh For FY 2019-20 Updated On Fri, Apr 5th, 2019 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has set then generic tariff for procurement of solar power in the state at Rs 4.17 per kWh. In a period when faster adoption of solar and renewable energy sources is driving state commissions to set new and more feasible generic tariff rates for the new fiscal years, BERC, […] Read more