Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back Updated On Tue, May 14th, 2019 by Saurenergy A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […] 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
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
Aviation Task Force to Tackle One of Wind Energy’s Biggest Hurdles Updated On Wed, May 8th, 2019 by Saurenergy WindEurope has launched a new Aviation Task Force, gathering a wide range of stakeholders to tackle one of the major challenge areas for wind energy. According to many in the wind energy sector, aviation-related issues are now the leading cause of permitting problems across the several Member States. And the launch of the Aviation Task […] Read more
Govt Organises ‘Chintan Baithak’ with RE Industry Stakeholders Updated On Wed, May 8th, 2019 by Saurenergy In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as ‘Chintan Baithak’, with the industry stakeholders. The government’s motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various […] Read more
Greenlight Planet Launches Solar fans for Rural India Updated On Tue, May 7th, 2019 by Saurenergy Greenlight Planet, a US for-profit company that designs, distributes and finances solar home energy products has recently launched the Sun King Fan, a portable solar-powered fan. While the country braces for the hottest year since 1901, this model provides powerful airflow for grid-like cooling, striking the perfect balance between performance, durability, and affordability. For a […] Read more
Solar Project Investor PFS Reports 12.7% Growth in 2018-19 Updated On Tue, May 7th, 2019 by Saurenergy Indian power projects investor. PTC Financial Services (PFS) has issued its results for the financial year 2018-19. For PFS the total revenue for the year stood at Rs 1,336.51 crore, which was Rs 151.36 crore more than the company reported in the previous year (FY 2017-18) at Rs 1,185.15 crore. From 2017-18 to 2018-19 the […] Read more
MNRE holds ‘Chintan Baithak’ with the stakeholders of Renewable Energy (RE) sector Updated On Tue, May 7th, 2019 by Saurenergy Various issues pertaining to Renewable Energy (RE) sector discussed during the meet Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector here today. The ‘Baithak’ (meet) was chaired by Secretary, MNRE, Shri Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of […] Read more