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
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects Updated On Wed, Aug 14th, 2019 by Saurenergy Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […] Read more
Blackout in UK Brings Issue of Grid Stability and Renewable Power to the Forefront Updated On Tue, Aug 13th, 2019 by Saurenergy Britain’s National Grid is in focus after it was asked to explain the blackout on August 9, which resulted in almost a million people going without power and disruptions across the board. The blackout on Friday in Britain was the biggest in more than a decade and the evening occurrence caused rush hour travel disruption […] Read more
AMP Energy India Begins Construction on UP’s 120MW Open Access Solar Project Updated On Mon, Aug 12th, 2019 by Saurenergy The company said the estimated investment on the project is expected to be Rs 5 billion and it will be one of the largest open access solar energy projects in the state. Renewable energy power producer AMP Energy India has commenced the construction of 120 MWp open access solar power project in the state of […] Read more
Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction Updated On Fri, Aug 9th, 2019 by Saurenergy Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […] Read more
India Will Raise Import Duty on Solar Equipment Soon: R K Singh Updated On Fri, Aug 9th, 2019 by Saurenergy India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. He also announced that a storage policy will be unveiled soon which […] Read more
India Should Focus on Full Value Chain of Solar Manufacturing: TERI Updated On Fri, Aug 9th, 2019 by Saurenergy If India is to achieve its solar energy target of 100 GW by 2022, it should take up the full value chain of solar manufacturing, a new report has revealed. A new report has highlighted that if India is to achieve its solar energy target of 100 GW by 2022, it should take up the […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
