EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
Texas Can Be Free of Coal, Study Finds Updated On Fri, Jan 4th, 2019 by Saurenergy Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […] Read more
Indian Railways to Set Up 1 GW Solar Capacity by 2020-21 Updated On Thu, Jan 3rd, 2019 by Saurenergy Indian Railways has an existing capacity of 71.19 MW of Solar plants from rooftops solar installations at various Railways stations. Ministry of Railways has planned to set up 1000 Mega Watt (MW) solar power by 2020-21 which would help Railways to source about 10% of its electrical energy from renewable source, Minister of State of […] Read more
Ørsted Commissions 20 MW Battery in UK Updated On Thu, Jan 3rd, 2019 by Saurenergy The 20 megawatt (MW) battery, located in Liverpool, consists of three battery containers, as well as the associated power conversion system. Ørsted, Denmark’s biggest energy company has commissioned its first large-scale battery energy storage project of 20MW capacity. This project supports the 90MW wind farm’s production scheduling as well as providing some grid services. The […] Read more
JinkoSolar and Schneider Electric Donate 55 KW Solar Plant in Egypt Updated On Mon, Dec 31st, 2018 by Saurenergy Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity. JinkoSolar announced its partnership with Schneider Electric to donate a 55 KW off-grid solar project in Abu Redis, South Sinai, Egypt. The remote village called ABU GHURAQD is located about 30 […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Growth of Indian Solar Capacity Slowing Down: Experts Updated On Mon, Dec 31st, 2018 by Saurenergy According to Bridge To India’s latest report, India’s total solar capacity touched 27.4 GW by the end of September 2018. India’s solar capacity which had been witnessing a continual growth over the last four year took a slump in 2018 because of policy challenges and struggles in execution of the projects. Vinay Rustagi, Managing Director […] Read more
Bids for 8 GW Wind Power Finalised: RK Singh Updated On Fri, Dec 28th, 2018 by Saurenergy As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalized through SECI and NTPC. Taking giant leaps in the renewable energy secto0072, bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India (SECI) […] Read more
Jordan Earmarks Land for 100 MW Solar Plant Updated On Thu, Dec 27th, 2018 by Saurenergy The project will not only reduce the dependence on fossil fuels, but will also result in reduced power cost from small-and medium-sized industries. The Jordanian government recently announced designating land in east Amman for establishing a 100-megawatt (MW) solar power project to support the renewable energy sector. Energy Minister Hala Zawati mentioned that the land […] Read more
