Biggest Offshore Wind Farm to Power Up this Week Updated On Tue, Feb 12th, 2019 by Saurenergy When completed will be twice the capacity of the world’s largest offshore wind farm. Danish wind energy solutions provider, Ørsted, has announced that its Hornsea 1 wind farm off the coast of Yorkshire (Britain) is to supply its first power to the UK electricity grid this week. The Danish developer will be installing the first […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
Government Pushes Electric Mobility on Roads Updated On Tue, Feb 12th, 2019 by Saurenergy Mansukh Mandaviya in a written reply to a question in Rajya Sabha informed about all the activities undertaken in order to promote the electric vehicle sector. The Minister of State for Road Transport, Shipping and Chemical & Fertilizers, Mansukh Mandaviya in a written reply to a question in Rajya Sabha today informed that in order […] Read more
Solar helping India stay On Track to Fulfill Climate Commitments : WSDS 2019 Updated On Tue, Feb 12th, 2019 by Saurenergy The WSD Summit 2019 was kicked off in New Delhi, with Environment Minister Harsh Vardhan highlighting the need for efficiency and India’s momentum towards fulfilling its climate commitments. Building on the momentum of last year’s summit, The Energy and Resources Institute (TERI), one of India’s leading think tanks, kickstarted the World Sustainable Development 2019 (WSDS […] Read more
Arunachal Pradesh Soon to Be Declared 100% Electrified Updated On Thu, Feb 7th, 2019 by Saurenergy The PM will lay the foundation stone of Sella Tunnel and its approach road in Tawang district besides the declaration of 100 percent household electrification in the state under the Saubhagya Scheme. Prime Minister Narendra Modi on his visit to Arunachal Pradesh on February 9, 2019, is set to declare the state 100 percent electrified. […] 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
EBRD & GCF Provide $50.4 Mn for Solar Project in Kazakhstan Updated On Wed, Feb 6th, 2019 by Saurenergy The new plant will generate over 102 GWh of electricity per year and will help reduce CO2 emission by 86,000 tons per year. Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of […] Read more
DEWA and Siemens Begin Development of Solar-Powered Hydrogen Project Updated On Tue, Feb 5th, 2019 by Saurenergy The facility is being built at DEWA’s outdoor testing facilities in the R&D Centre at the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The Dubai Electricity and Water Authority (DEWA), Expo 2020 Dubai and Siemens have begun work on what is soon to become the first solar-powered hydrogen electrolysis facility in the Middle […] 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
