EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
Palau Becomes 76th Nation to Join the International Solar Alliance Updated On Wed, Jul 17th, 2019 by Saurenergy Palau, an archipelago of over 500 islands in Oceania, has become the 76th signatory country to join the International Solar Alliance. “President of the Republic of Palau H.E. Tommy E. Remengesau, Jr. signed the Framework Agreement of the International Solar Alliance today at @IndiaUNNewYork. Palau becomes the 76th signatory country. Indian Embassy, Manila is working […] Read more
R K Singh Reviews Draft Plan for Power Distribution Sector Updated On Wed, Jul 17th, 2019 by Saurenergy R K Singh has reviewed the first draft prepared by the CEA for the Distribution Perspective Plan for the power sector in India. Union Minister of State for Power and New & Renewable Energy, R K Singh has reviewed the first draft prepared by the Central Electricity Authority (CEA) for the Distribution Perspective Plan for […] Read more
Philippines Switches on its First Hybrid Floating Solar Project Updated On Tue, Jul 16th, 2019 by Saurenergy The first floating solar power project in the Philippines was recently switched on by Ocean Sun, a leading solar energy company based in Norway. The Philippines first 200 kW floating solar power project by Ocean Sun, a leading solar energy company based in Norway, was recently switched on. The joint project is part of the partnership between Ocean Sun […] Read more
Future to be Driven by Clean Mobility Powered with RE: Dr. Ajay Mathur Updated On Mon, Jul 15th, 2019 by Saurenergy The event facilitated the exchange of knowledge and experience and initiated sustainable partnerships in the fields of renewable energy and e-mobility. The future is expected to be driven by clean mobility powered with abundantly available renewable energy (RE), said Dr. Ajay Mathur, Director General, The Energy and Resources Institute (TERI). “If powered by clean energy, […] Read more
GE Signs First Cypress Turbine Order in Turkey for 138 MW Project Updated On Fri, Jul 12th, 2019 by Saurenergy GE Renewable Energy has been selected to provide 27 Cypress units for the 138 MW Saros project in Turkey. GE Renewable Energy announced today that it has been selected by Borusan EnBW Enerji to provide 27 Cypress units for the 138 MW Saros project in Turkey. The Saros project upon completion is expected to generate […] Read more
IL&FS Energy arm Puts Stake in 2 Wind Energy Assets on Sale Updated On Fri, Jul 12th, 2019 by Saurenergy IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited EoI to sell its stake in two wind energy assets Going ahead with its monetisation process, IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited expressions of interest (EoI) to sell its stake in Sipla Wind Energy Ltd and Mahidad Wind Energy Private Ltd. […] Read more
CapitaLand to Install 6 Rooftop Solar Plants in Singapore Updated On Tue, Jul 9th, 2019 by Saurenergy CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six CapitaLand properties by end 2019. CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six of its properties by end 2019. The installation will form the largest combined rooftop solar facility in Singapore by a […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more