Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019 Updated On Wed, Jun 5th, 2019 by Saurenergy Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
EoI For 500 MW Energy Storage Projects Issued in Madhya Pradesh Updated On Wed, Jun 5th, 2019 by Saurenergy MPPMCL has issued an EoI for the demonstration and selection of technology for providing energy storage services of up to 500 MW and setting up energy storage manufacturing facility in Madhya Pradesh. The Madhya Pradesh Power Management Company (MPPMCL) intends to execute Energy Storage Projects in the state to make optimum use of energy resources […] Read more
Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
Mahindra Susten and Mitsui to Co-Develop Solar Plants in India Updated On Tue, Jun 4th, 2019 by Saurenergy Mahindra Susten and Mitsui have announced plans to co-develop and operate solar power projects in India. Mahindra Susten, the renewable energy arm of the Mahindra group, has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy […] Read more
Siemens Gamesa Bags Order For 640 MW Offshore Wind Project in Taiwan Updated On Mon, Jun 3rd, 2019 by Saurenergy Siemens Gamesa Renewable Energy has finally received the firm order for the 640 MW Yunlin offshore wind plant in Taiwan. Following its selection as the preferred supplier in May 2018, Siemens Gamesa Renewable Energy (SGRE) has received the firm order by wpd offshore to supply the 640 MW Yunlin offshore wind power plant in Taiwan. […] Read more
MNRE Invites Project Proposals For Solar-Driven Seawater Hydrogen Production Updated On Mon, Jun 3rd, 2019 by Saurenergy MNRE has invited preliminary project proposals on “Solar-driven seawater hydrogen production and producing methane by sequestering CO2” The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of the production of hydrogen from renewable energy sources, its safe and efficient storage, and its various applications. In the above […] Read more
IRENA Report on Global energy transformation: A roadmap to 2050 (2019 edition) Updated On Fri, May 31st, 2019 by Saurenergy Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfill climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also […] Read more
Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
