ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Panasonic Sets Up EV Charging Station at BSES Yamuna Power Limited Updated On Tue, Mar 19th, 2019 by Saurenergy Panasonic, a diversified technology company, announced its collaboration with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. Globally known for sustainable efforts, Panasonic has developed the charging station in India at their in-house R&D center. The EV charging station was inaugurated in the presence of […] Read more
Sungrow Partners with Gridserve to Supply Largest Unsubsidised Solar-Plus-Storage Project in UK Updated On Sat, Mar 16th, 2019 by Saurenergy Sungrow and GRIDSERVE will supply PV inverters and energy storage systems for the United Kingdom’s largest unsubsidised solar-plus-storage project, comprising of a 34.7 MW PV park including a 27 MW/30MWh energy storage system. Sungrow, one of the leading inverter solution supplier for renewables globally, has announced that it is supplying PV inverters and energy storage systems […] Read more
Growatt’s New MIN2500-6000TL-X Smart Residential Inverter Updated On Sat, Mar 16th, 2019 by Saurenergy The inverter features dual MPP trackers, type II SPD on DC side and supports export control with a touch key and OLED display. The Growatt MIN2500-6000TL-X is the company’s most up-to-date smart inverter solution for rooftop solar systems. The company’s next generation smart residential inverter came into the limelight after it was recently approved by […] 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
Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more
Greenko ropes in Siemens for 46% stake in Poovani Project Updated On Tue, Mar 12th, 2019 by Saurenergy German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […] Read more
GWEC, WBG to Work Together to Develop Global Offshore Wind Markets Updated On Thu, Mar 7th, 2019 by Saurenergy GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […] Read more