ADB Secures GCF Funding for Innovative Climate Finance Fund in China Updated On Fri, Nov 15th, 2019 by Saurenergy GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […] Read more
ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022 Updated On Fri, Nov 15th, 2019 by Saurenergy Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […] Read more
Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
Ecoppia Robotic Cleaning Solution for 427 MW of Fortum’s Solar Plants in India Updated On Thu, Nov 14th, 2019 by Saurenergy Ecoppia has been chosen by Fortum, to deploy its robotic solar panel cleaning solution for different projects in India, totalling 427 MW production capacity Ecoppia, a leading developer of fully autonomous, water-free photovoltaic (PV) solar panel cleaning solutions, has announced that it has been chosen by Fortum, to deploy its field-proven platform across different projects in India, totalling […] Read more
Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028 Updated On Wed, Nov 13th, 2019 by Saurenergy The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […] Read more
Growatt Extends its Shine Elite Training Workshops to Brazil Updated On Mon, Nov 11th, 2019 by Saurenergy Growatt’s Xu further added that “earlier this year we have set up Brazil Service Center in Mogi das Cruzes to strengthen our service capability and support our sales.” China’s one of the leading inverter manufacturers Growatt has recently said that it has been actively expanding into the Americas from past few years with increasing investments […] Read more
Sterlite Power to Sell its Arcoverde Project in Brazil for About $35.5 Mn Updated On Wed, Nov 6th, 2019 by Saurenergy The motive behind the construction of Arcoverde Project was to expand the flow of renewable energy in the State of Pernambuco in Brazil. Global power transmission assets developer Sterlite Power has entered into a sale agreement with V2i Transmissão de Energia S.A. for its Brazilian transmission project called Arcoverde. As per the deal, V2i Transmissao […] Read more
Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs Updated On Wed, Nov 6th, 2019 by Saurenergy Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […] Read more
Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA Updated On Wed, Nov 6th, 2019 by Saurenergy Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […] Read more