Andhra Pradesh Launch New Wind Energy Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The policy shall come into operation with effect from the date of issuance and shall remain applicable for a period of five years. In order to promote Wind power projects in the state of Andhra Pradesh, the state government has recently released the Andhra Pradesh Wind Power Policy – 2018. To meet the twin objectives […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
NTR Secures 229 million Euros in Second Renewable Energy Fund Updated On Fri, Jan 4th, 2019 by Saurenergy The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […] Read more
Sao Mai Group and HD Bank Sign Agreement for 210 MW Solar Park in Vietnam Updated On Fri, Jan 4th, 2019 by Saurenergy Sao Mai Solar PV1 is one of the largest scale projects in Southeast Asia built on an area of 275 hectares, with a capacity of 210 MW. One of the largest conglomerate in Vietnam, Sao Mai Group has signed an agreement with HD bank for the development of 210 MW capacity power plant in An […] Read more
Ørsted Puts Taiwan’s 900 MW Offshore Wind Project on Hold Updated On Thu, Jan 3rd, 2019 by Saurenergy The deadline for signing the 2018 PPA was extended to 2 January 2019 and Taiwan’s Bureau of Energy failed to do so by the deadline. Due to a delay by the Taiwan’s Bureau of Energy in issuing an establishment permit and signing the power purchase agreement (PPA), Ørsted has decided to pause and revisit project […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
JinkoSolar and Schneider Electric Donate 55 KW Solar Plant in Egypt Updated On Mon, Dec 31st, 2018 by Saurenergy Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity. JinkoSolar announced its partnership with Schneider Electric to donate a 55 KW off-grid solar project in Abu Redis, South Sinai, Egypt. The remote village called ABU GHURAQD is located about 30 […] Read more
Vestas Secured 1 GW of order in Australia During 2018 Updated On Mon, Dec 31st, 2018 by Saurenergy The 1 GW of orders is Vestas’ highest in one year since installing the country’s first commercial-sized wind farm 25 years ago. Vestas’ orders in Australia in 2018 have passed 1 GW today after the signing of a 184 MW engineering, procurement and construction contract for the Warradarge Wind Farm. The 1 GW of orders […] Read more
