TERI Suggests Four-Pronged Strategy to Govt for E-Mobility Updated On Fri, Jun 21st, 2019 by Saurenergy The move came after recent bold proposal from the government think tank Niti Aayog for permitting sale of only EVs by 2030, which likely to impose substantive costs on users. In wake of India’s efforts towards achieving its e-mobility targets, country’s one of the leading energy and environment think tank, The Energy and Resources Institute […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
HP Unveils New Plan To Power Operations With 100% Renewables by 2035 Updated On Thu, Jun 20th, 2019 by Saurenergy HP’s latest sustainability report outlines revamped science-based targets, a 35% year-on-year growth in revenue through sustainable impact and commitments to source more recycled plastic content and 100% renewables American multinational information technology company, HP announced a plethora of new goals in the 2018 report. It has set a target to ensure its global operations are […] Read more
BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 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
SECI Signs PSA For 460 MW Wind Power with UPPCL Updated On Thu, Jun 20th, 2019 by Saurenergy UPPCL has signed a PSA for procuring 460 MW of wind power with SECI The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a Power Supply Agreement (PSA) for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI). The signing of the agreement was announced on the official twitter handle […] Read more
Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan Updated On Thu, Jun 20th, 2019 by Saurenergy Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Duke Energy’s 150 MW Solar Plant in California Begins Operation Updated On Thu, Jun 20th, 2019 by Saurenergy Duke Energy Renewables has announced that its 150 MW North Rosamond solar project in Kern County, California, has begun commercial operation. Duke Energy Renewables (DER), a subsidiary of Duke Energy, has announced that its 150-megawatt (MW) North Rosamond solar project in Kern County, California, has begun commercial operation. It is the largest solar project in the company’s fleet. “North Rosamond is a […] Read more
