Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
ReneSola Secures Financing for Hungary and Poland Projects Updated On Tue, Feb 5th, 2019 by Saurenergy Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […] Read more
Growatt Wins Most Valuable Inverter Brand at Maharashtra Solar Awards Updated On Thu, Jan 31st, 2019 by Saurenergy For Growatt, the award marks a bright start to the year, with high hopes on the growth front. Growatt, a global leader in inverter technology based out of China, has won the “Most Valuable Inverter Brand For the Year 2018” at the Annual Solar Awards 2019 in Maharashtra, India. The award recognises it for its brand […] Read more
Viz-A-Viz with Andrew Hines, Co-Founder, CleanMax Solar Updated On Thu, Jan 31st, 2019 by Saurenergy First Loss Protection Program Could be a Passible Support To promote a broadening of the rooftop segment into those underserved markets, the government can play a very important role. One possible support would be a “first loss protection” program, in which the government or a multilateral agency would absorb some of the credit risk of […] Read more
IKEA Store to Be Equipped with Solar Rooftop and EV Charging Stations Updated On Fri, Jan 25th, 2019 by Saurenergy This installation will represent the 56th solar project for IKEA in the U.S., and contribute to the company’s solar presence atop nearly 90% of its U.S. locations, with a total generation of more than 56 MW. IKEA, the world’s leading home furnishings retailer, has announced that its future store in Norfolk, Virginia in the US […] Read more
From MW to GW: A Change that Describes India’s Solar Journey Since 2014 Updated On Fri, Jan 25th, 2019 by Saurenergy Every industry evolves its own jargon as it grows. In solar industry in India, the biggest change has been the shift in the language used to express deal sizes and ambition today. Megawatts (MW) to Gigawatts (GW) is a game changer. It was an innocuous looking invite, like many the editorial team receives each day. […] Read more
Leap Green Inks Rs 1700 Cr MoU with Tamil Nadu Govt for 250 MW Wind Project Updated On Thu, Jan 24th, 2019 by Saurenergy The MoU was signed between the Government of Tamil Nadu and Rajeev Karthikeyan, Founder and MD of Leap Green Energy during the 2nd Global Investors Summit. Tamil Nadu-based renewable energy company Leap Green Energy has signed an agreement with the state government for generating 250 MW from a wind power plant project. The Memorandum of […] Read more