KfW & FMO backed 50.4 MW Wind Project in Argentina Achieves Financial Closing Updated On Mon, Feb 25th, 2019 by Saurenergy The USD138 million project is being financed by KfW IPEX-Bank and the Dutch development bank (FMO). Total Eren, a leading renewable energy Independent Power Producer (“IPP”) based in Paris, has announced the successful closing of the financing of its 50.4 MW “Malaspina” wind project in southern Argentina. The USD138 million project is being financed by […] Read more
EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
India & China Lead as Asia-Pacific Installs 24.9 GW of New Onshore Wind Capacity in 2018 Updated On Wed, Feb 20th, 2019 by Saurenergy Total installed onshore wind capacity in Asia-Pacific is now 256 GW, leading countries in the region for onshore installations in 2018 were China (21.2 GW) and India (2.2 GW). The latest data released by the Global Wind Energy Council (GWEC), a member-based organisation that represents the entire wind energy sector, shows that Asia-Pacific installed 24.9 […] Read more
Work Begins on Adani’s 100% RE Data Centre Updated On Fri, Feb 15th, 2019 by Saurenergy The centres with a 5 GW solar park would be a first-of-its-kind 100 percent renewable energy powered project in the world. Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday laid the foundation stone for Data Centre and Technology Park of Adani Group in the port city of Vizag. The ground-breaking ceremony for the facility coming up at Kapuluppada […] Read more
Africa and Middle East Installed 962 MW New Wind Capacity in 2018 Updated On Mon, Feb 11th, 2019 by Saurenergy The report forecasts that a further 6.5 GW capacity will be added by 2023. According to the latest data released by the Global Wind Energy Council (GWEC), countries in Africa and the Middle East region installed 962 MW of new onshore wind power capacity in 2018, an increase of more than 300 MW compared to […] Read more
Viz-A-Viz with Ashit Maru, Co-founder, MYSUN Updated On Wed, Jan 30th, 2019 by Saurenergy Quality Manufacturing and Easy Financing Needs Serious Attention Local manufacturing and the quality standards of local make has to be addressed and scaled-up as well, if we are to see any major boost as a manufacturing hub for rooftop solar. Quality manufacturing and easy financing are the two factors that have to be taken very […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more