Reden Solar Acquires Solar Plants Worth 50 MW to Enter Portuguese Market Updated On Mon, May 20th, 2019 by Saurenergy The French Solar IPP has decided to continue its European development in Portugal, banking on the favourable economic prospects and the country’s strong commitment to renewable energy. French Solar IPP, Reden Solar has decided to continue its European development in Portugal, banking on the favourable economic prospects and the country’s strong commitment to renewable energy. […] Read more
Vestas Secures Orders Worth 687 MW From PacifiCorp Updated On Mon, May 20th, 2019 by Saurenergy TB Flats I and II and then Ekola Flats are part of PacifiCorp’s Energy Vision 2020 initiative, a USD 3.1 billion investment to expand wind power via repowering existing projects. Denmark-based, Vestas has bagged orders worth 687 MW for three wind projects from PacifiCorp, a subsidiary of Berkshire Hathaway Energy. The first order is for 459 […] Read more
Can a change in government make an impact on the solar sector? Updated On Sat, May 18th, 2019 by Saurenergy With the 17th Lok Sabha Elections taking centre stage since April, this is the question that really matters for anyone in the solar sector. We speak to 3 industry experts to give you a perspective. Animesh Damani, Managing Partner, Artha Energy Resources “We strongly believe that commitment, focus and execution of the incumbent regime towards […] Read more
JERC Issues Draft RE Tariff Regulation For Goa and UTs Updated On Thu, May 16th, 2019 by Saurenergy All renewable energy power projects will be treated as “must run” and the procurement of power from such projects will not be subjected to ‘merit order dispatch’ principles. The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. JERC […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
Panasonic and GS Solar to Collaborate on PV Technology Updated On Fri, May 10th, 2019 by Saurenergy Japanese multinational electronics conglomerate, Panasonic has reached a collaboration and acquisition agreement with Chinese solar energy solutions provider GS-Solar Company Ltd. in the field of photovoltaic technology. Under the agreement, GS-Solar will acquire Panasonic’s solar manufacturing subsidiary, Panasonic Energy Malaysia, while establishing a new company with Panasonic. With the Chinese firm holding a 90 percent […] Read more
Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
SoftServe and Lightricity Partner to Innovate Power Harvesting Technology Updated On Thu, May 9th, 2019 by Saurenergy SoftServe will use power harvesting techniques to develop solutions to make electronic devices more power efficient, prolong their lifetime, and make maintenance easier. SoftServe, a leading digital authority and consulting company, recently announced its partnership with Lightricity, a leader in photovoltaic energy harvesting technology. As a partner, SoftServe will use power harvesting techniques to develop solutions […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
