EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission Updated On Thu, Aug 1st, 2019 by Saurenergy European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […] Read more
Land Acquisition, Infrastructure Still Major Roadblocks for Wind Projects: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Even as amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure remain major roadblocks Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. […] Read more
Industry Making a Mistake by Staying Quiet on the Andhra Skirmish Updated On Tue, Jul 30th, 2019 by Saurenergy Even as the Andhra Pradesh government’s move to ‘renegotiate’ PPA’s continues to cause consternation, industry, and not just the renewables sector at that, seems intent on missing an opportunity to show some spine and establish some respect for the law they live by. By now, no one in the renewables sector is unfamiliar with the […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
Japan’s Mitsui Invests Rs 100 Crore in SmartE Updated On Thu, Jul 25th, 2019 by Saurenergy SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […] Read more
Iberdrola to Develop 114 MW Wind Project in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Iberdrola has joined forces with a local credit agency to develop the Buniel wind farm with 114 MW of installed power. Spanish wind major Iberdrola has joined forces with local credit agency Caja Rural de Soria to develop the Buniel wind farm (Burgos) with 114 megawatts (MW) of installed power. The energy company and the […] Read more
Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023 Updated On Wed, Jul 24th, 2019 by Saurenergy A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […] Read more
