Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction Updated On Fri, Jun 21st, 2019 by Saurenergy SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […] Read more
Adani Green Arm Wins 130 MW Capacity in SECI’s Tranche-VII Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Adani Green Energy Park (Gujarat) has bagged a 130 MW wind project in the latest auctions held by SECI. Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has bagged a 130-megawatt (MW) wind project in the latest auctions held by the Solar Energy Corporation of India (SECI) for the […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Rooftop Solar Systems to Save NMRC Over Rs 4 Cr Annually Updated On Fri, Jun 21st, 2019 by Saurenergy NMRC is in the process of installing rooftop solar panels at its all its stations to offset its power consumption by generating solar power. The Noida Metro Rail Corporation (NMRC), which launched its 21-station network in January this year, is in the process of installing rooftop solar panels at its all its stations and depot […] Read more
Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
HP Unveils New Plan To Power Operations With 100% Renewables by 2035 Updated On Thu, Jun 20th, 2019 by Saurenergy HP’s latest sustainability report outlines revamped science-based targets, a 35% year-on-year growth in revenue through sustainable impact and commitments to source more recycled plastic content and 100% renewables American multinational information technology company, HP announced a plethora of new goals in the 2018 report. It has set a target to ensure its global operations are […] Read more
Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan Updated On Thu, Jun 20th, 2019 by Saurenergy Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more