ABB Wins 132 KV Substations Contracts from Iraq Updated On Tue, Jun 5th, 2018 by Saurenergy The move has come as the government of Iraq is rebuilding the country and investing in its grid as part of its ambitious plan to develop its power infrastructure to meet electricity needs. ABB has bagged orders from the Ministry of Electricity in Iraq to deliver 5 fixed and 15 mobile 132 kilovolt substations, aiming […] Read more
REC Pledges $1 Million Contribution Towards International Solar Alliance Updated On Tue, Jun 5th, 2018 by Saurenergy In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […] Read more
Five Solar Photovoltaic Plants Coming Up in Karnataka Updated On Fri, Jun 1st, 2018 by Saurenergy The five new solar parks in India, located in the towns of Afzalpur, Chincholi, Holenarsipura, Nanjangund and Yelandur, will enter operation in September 2019. The plants are expected to generate around 215 GW a year which will help in reduction of 175,000 tons of Co2 emission. The project has a 25-year power-purchase agreement. In the […] Read more
Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas Updated On Thu, May 31st, 2018 by Saurenergy The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […] Read more
IL&FS, SoftBank Partnered to Power 20 GW Solar Power Parks Updated On Tue, May 29th, 2018 by Saurenergy The announcement came two months after the SoaftBank tied up with China’s GCL System Integration Technology for Indian solar power venture worth Rs 6350 Crore. Both SB Energy, the power and energy investment arm of SoftBank and IL&FS Energy will develop grid-connected solar projects across the country. To support Prime Minister Narendra Modi’s ambitious renewable […] Read more
World Bank Approves $300 Mn to Scale Up India’s Energy Efficiency Program Updated On Sat, May 19th, 2018 by Saurenergy The program will be implemented by the EESL, to help scale up the deployment of energy saving measures in residential as well as public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. The World Bank has approved a USD 220 million loan and an USD 80 million guarantee for the country’s energy efficiency […] Read more
SB Energy Wins 200 MW Auction in Karnataka Updated On Sat, May 19th, 2018 by Saurenergy The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […] Read more
Energy is a basic human right, says Schneider Electric at Sustainable Energy for All Forum Updated On Thu, May 17th, 2018 by Saurenergy The agenda was to share the latest evidence of progress on SDGH7 and scalable innovations in providing energy efficiency around the world. Schneider Electric, a digital transformation of energy management and automation, recently participated in the Sustainable Energy for All (SEforALL) Forum in Lisbon. The theme of the forum was “leaving No One Behind”. The […] Read more
TCI to Use 25% Renewable Energy by the End of This Year Updated On Thu, May 17th, 2018 by Saurenergy TCI is among Google, Ikea, Apple, and other corporations as they shift their traditional electricity production to alternative clean sources. Besides being the first from Taiwan, TCI is one of a few contract manufacturers to join. Being first company in Taiwan to commit itself to using 100 percent renewable energy, TCI, a contract manufacturer of dietary […] Read more
