Gujarat Allows Discoms to Fulfill RPO by Purchasing Power From Small Solar Projects Updated On Mon, Aug 19th, 2019 by Saurenergy Gujarat Electricity Regulatory Commission has granted permission to state Discoms to procure power from small solar projects to meet their RPO The Gujarat Electricity Regulatory Commission (GERC) has in its latest order granted permission to the Gujarat Urja Vikas Nigam Limited (GUVNL) and the other state Discoms to procure power from small solar projects of […] Read more
After Slow Down, Tesla Restarts Solar Business With Rental Plans Updated On Mon, Aug 19th, 2019 by Saurenergy Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them from the company at no upfront cost Tesla is trying to spark its solar panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of […] Read more
Sembcorp Brings Online 200 MW Wind Project in Gujarat Updated On Mon, Aug 19th, 2019 by Saurenergy Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […] Read more
WTO: US Challenges Ruling Favouring India on Solar Updated On Sat, Aug 17th, 2019 by Saurenergy According to the WTO communication “the US hereby notifies its decision to appeal to the appellate body certain issues of law covered in the report of the panel in the US – certain measures relating to the renewable energy sector and certain legal interpretations developed by the panel”. Taking another step towards trade war brewing […] Read more
Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Sungrow Supplies Central Inverters for Argentina’s Largest Solar Plant Updated On Fri, Aug 16th, 2019 by Saurenergy Also, the project is expected to supply approximately 240 GWh of clean energy to the Argentinean power system every year. One of the global leading inverter supplier for renewable, Sungrow has supplied its 1500Vdc central inverter solutions for Argentina’s largest solar plant. The 100.1 MWp solar plant came online in Cafayate of Salta Province in […] Read more
RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF Updated On Fri, Aug 16th, 2019 by Saurenergy The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
