China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects Updated On Tue, Jan 22nd, 2019 by Saurenergy The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […] Read more
Longi Solar Sets New Bifacial Mono-PERC Solar Cell World Record at 24.06% Updated On Sat, Jan 19th, 2019 by Saurenergy The company’s latest breakthrough bifacial PERC solar cells tested by CPVT achieved a conversion efficiency of 24.06 per cent. LONGi Solar has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24 per cent for the first time, according to tests carried out by the National Center of […] Read more
EBRD Devoted 36% to Green Financing in 2018 Updated On Sat, Jan 19th, 2019 by Saurenergy It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […] Read more
Adani to Invest Rs 55k Cr in Gujarat including Solar Projects Updated On Sat, Jan 19th, 2019 by Saurenergy Further, this will lead to creation of over 50,000 new direct and indirect jobs in the state. Billionaire Gautam Adani has announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Speaking at the […] Read more
Exicom Wins EV Infrastructure Company of the Year Award Updated On Mon, Jan 14th, 2019 by Saurenergy Exicom wins “EV Infrastructure Company of the Year” award at India Energy Storage Alliance (IESA) Industry Excellence Awards 2019 held at 6th Energy Storage India conference & expo. Powered by Customized Energy Solutions and Messe Dusseldorf India, IESA Industry Excellence Awards is an initiative by IESA to recognize the perseverance, innovation and achievements of organizations […] Read more
REDAVIA Secures $2 M Debt Financing for Expansion in Ghana Updated On Tue, Jan 8th, 2019 by Saurenergy “ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […] Read more
EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
New Jersey Moves to Phasing Out Solar Subsidies Updated On Fri, Dec 28th, 2018 by Saurenergy At New Jersey’s Board of Public Utilities’ board meeting, the Board adopted a rule beginning the process of phasing out the current program. The state of New Jersey in the USA is planning to reduce the financial burden by reducing the subsidies given for the development of solar power. The Solar Renewable Energy Certificate program […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
