Delays and Cancellations to Dampen US Microgrid Growth Updated On Wed, Dec 18th, 2019 by Saurenergy Project cancellations and delays connecting planned projects to the grid will lead the US microgrid market to contract 17% from its 2018 peak Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17 percent from its 2018 peak by the end of this year, according […] Read more
Adani Transmission Receives LOI for Transmission Project in Maharashtra Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Transmission has received LOI from MSETCL to build, own, operate and maintain a transmission project in the state of Maharashtra for 35 years. Adani Transmission Limited (ATL), one of the largest private sector power transmission company operating in India, has received the Letter of Intent (LOI) from Maharashtra State Electricity Transmission Company Limited (MSETCL) […] Read more
Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms Updated On Mon, Dec 16th, 2019 by Saurenergy Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […] Read more
EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW Updated On Fri, Dec 13th, 2019 by Saurenergy EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […] Read more
Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn Updated On Fri, Dec 13th, 2019 by Saurenergy Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […] Read more
IREDA Deliberating Over $100 mn Green Window for Financing RE Projects Updated On Thu, Dec 12th, 2019 by Saurenergy IREDA is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, a senior official has said. The Indian Renewable Energy Development Agency (IREDA) is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, Ministry of New and Renewable Energy […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
