AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh Updated On Fri, Mar 27th, 2020 by Saurenergy One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Researchers Develop New Graphene Solar Thermal Film to Absorb Sunlight with Over 90% Efficiency Updated On Thu, Mar 26th, 2020 by Saurenergy The researchers have developed a new graphene-based solar thermal film that can absorb sunlight with an efficiency of more than 90 percent, while simultaneously eliminates most IR thermal emission loss—the first time such a feat has been reported. This research has been done at the Center for Translational Atomaterials (CTAM) at the Swinburne University of […] Read more
All RE Projects under Implementation to Get Time Extension Updated On Thu, Mar 26th, 2020 by Saurenergy In a bid to provide relief to the renewable energy industry amid lockdown in the country, the government has decided that all the renewable energy projects that are under implementation will be provided further time extension for completion. However, the extension of the time period will be decided after considering the factors such as the […] Read more
Vestas Secures Orders Worth 97 MW in China and Northern Ireland Updated On Thu, Mar 26th, 2020 by Saurenergy Vestas has announced that it has secured two orders for the delivery of 97 MW of wind turbines for two projects in China and Northern Ireland. Vestas has announced that it has secured two orders for the delivery of 97 MW of wind turbines for two projects in China and Northern Ireland. The first order […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
India’s RE Generation Capacity Sees 72% Growth in 6 Years: RK Singh Updated On Wed, Mar 25th, 2020 by Saurenergy The installed capacity of renewable energy generation in the country has grown 72% from 80 GW to 138.9 GW during the past six years, according to RK Singh. The installed capacity of renewable energy generation in the country has grown 72 percent from 80 gigawatts (GW) to 138.9 GW during the past six years, according […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more