Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
GCL-SI Supplies 150 MW Solar Modules for Iberdrola’s 500 MW Facility Updated On Thu, Nov 14th, 2019 by Saurenergy GCL-SI is scheduled to deliver solar modules worth 150 MW to the 500 MW Nuñez de Balboa project that Iberdrola is building in Spain GCL-SI, a world-leading one-stop intelligent and integrated energy system provider, is scheduled to deliver 72 solar modules with three varying grades of power to the 500 MW Nuñez de Balboa project […] Read more
Ingeteam Announces 1 GW Wind Output From India Plant Updated On Wed, Nov 6th, 2019 by Saurenergy At least one firm seems happy with their time in India so far. Spanish electrical conversion and turbine control equipment supplier Ingeteam has announced the completion of 1GW of output within the first year of operations at its production facility in India. The firm, which set up its plant near Chennai in Tamil Nadu, had […] Read more
Iberdrola Acquires 118 MW of Spanish Wind Projects from Siemens Gamesa Updated On Thu, Oct 24th, 2019 by Saurenergy Iberdrola has reached an agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total capacity of 118 MW Iberdrola is progressing its plan to relaunch clean energies following its agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total installed capacity […] Read more
Canadian Solar Bags 30 MW Capacity in Latest Solar Auctions in Japan Updated On Wed, Oct 23rd, 2019 by Saurenergy Canadian Solar has been awarded a 30 MW project in the latest round of solar auctions being held in Japan Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded a 30 MW project in the latest round of solar auctions being held in Japan, i.e. the 4th […] Read more
Renewable Energy India Expo (REI) 2019 Set to Boost Green Energy Sector with Top-of-the-line Showcase Updated On Mon, Sep 16th, 2019 by Saurenergy Global Interest, International Investments & Technology breakthroughs to mark the 13th epic edition of Asia’s leading Renewable Energy Expo REI 2019 at a glance: Asia’s leading Renewable Energy Expo by Informa Markets in India from September 18-20 45 participating countries, over 700 plus exhibitors 3 – day power packed conference – ‘Giving the Business of […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Portugal Awards World’s Lowest Cost Solar Contract Updated On Tue, Aug 13th, 2019 by Saurenergy Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […] Read more
Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction Updated On Fri, Aug 9th, 2019 by Saurenergy Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […] Read more