Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
REMCL Issues RfS For Procurement of Power From Solar-Wind Hybrid Projects Updated On Tue, Jun 18th, 2019 by Saurenergy REMCL has issued an RfS for procurement of renewable power through tariff based competitive bidding from wind-solar hybrid power projects. The Railway Energy Management Company Ltd. (REMCL) has issued a Request for Selection (RfS) for procurement of renewable power through tariff based competitive bidding from ISTS/InSTS connected wind-solar hybrid power projects. The ministry of New […] Read more
Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018 Updated On Mon, Jun 17th, 2019 by Saurenergy A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […] Read more
Vattenfall Issues its First Green Bond Worth EUR 500 Mn Updated On Sat, Jun 15th, 2019 by Saurenergy In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Jolywood Signs Agreement For 320 MW Solar Project with Shanghai Electric Updated On Fri, Jun 14th, 2019 by Saurenergy Jolywood and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power project. Jolywood, a leading Chinese manufacturer of N-type bifacial solar cells and modules, and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power station to deliver clean and renewable […] Read more
Draft Regulations For Tariff of Distributed Solar Projects in Chhattisgarh Updated On Fri, Jun 14th, 2019 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC)has issued its draft regulations for Grid Interactive Distributed Renewable Energy Sources 2019. The Government of India has set an ambitious target to achieve 40 GW of cumulative installed capacity from grid-connected rooftop Photovoltaic (GRPV) systems by 2022. And in order to achieve that target, the center has partnered […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
RfP For Consultants To Develop Floating Solar Plants in Arabian Gulf Updated On Thu, Jun 13th, 2019 by Saurenergy DEWA has issued an RfP for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RfP) for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The RfP has been […] Read more
