Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Vestas Bags its Largest Order in Brazil For 445 MW Wind Farm Updated On Tue, Jun 18th, 2019 by Saurenergy Casa dos Ventos has placed a 445 MW order for the supply and installation of 106 Vestas wind turbines for the Rio do Vento project in Brazil. Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 445 MW order for the supply and […] Read more
Nordex Bags Orders Worth 187 MW in Spain and Poland Updated On Mon, Jun 17th, 2019 by Saurenergy Nordex Group has recently announced that it has won two orders worth 187 MW for wind projects in Spain and Poland. European wind energy major, Nordex Group has recently announced that it has won two orders worth 187 MW for wind projects in Spain and Poland. The first project in Spain has been received from […] Read more
Siemens Gamesa Conditionally Awarded 376 MW Offshore Wind Project in Taiwan Updated On Mon, Jun 17th, 2019 by Saurenergy Siemens Gamesa has conditionally received an order for the supply of offshore wind turbines for the 376 MW Formosa 2 Offshore Wind Farm Project in Taiwan. Siemens Gamesa Renewable Energy (SGRE) has conditionally received an order for the supply of offshore wind turbines including a 20-year full-service agreement for the 376 megawatts (MW) Formosa 2 […] Read more
IRENA Report on Water Use in India’s Power Generation Updated On Thu, Jun 13th, 2019 by Saurenergy This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector. Looking at the expected freshwater intensity of non-hydro power generation under different scenarios, the analysis aims to quantify the impact of India’s energy transition on freshwater use. The […] Read more
Power Finance Corp More Than Doubled Q4 Profits Updated On Thu, May 30th, 2019 by Saurenergy Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […] Read more
Huawei Launches its Latest 1500V String Inverter in India Updated On Mon, May 27th, 2019 by Saurenergy Huawei, a leader in inverter shipments, has announced the launch of its latest utility scale 1500V smart string inverter, the SUN2000-185KTL-INH0 (“SUN2000-185KTL”) for the Indian solar market. The SUN2000-185KTL comes integrated with an AI algorithm, that makes a good case for the model to be the best choice for 1500V solar system, trackers and bifacial […] Read more
Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
Solar Prosumers in Goa Get Faulty Bills, Still Awaits Subsidy Payment Updated On Fri, May 24th, 2019 by Saurenergy After spending lakhs of rupees on rooftop solar installations, solar prosumers (producers and consumers of solar power) are now distressed as the electricity department failed to account for the solar power that their plants have been supplying to the grid. Receiving their first bills after a period of six months since their solar installations were […] Read more
