ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
Iberdrola Signs PPA For 52 MW Wind Power in USA Updated On Tue, May 28th, 2019 by Saurenergy Iberdrola group, through its subsidiary in the USA, Avangrid Renewables, has signed a PPA (Power Purchase Agreement) with Dairyland Power Cooperative to supply 52 MW of renewable energy from the Tatanka Ridge wind farm in South Dakota. Dairyland’s portion of Tatanka Ridge’s output would represent enough wind power to power approximately 16,000 homes. Avangrid Renewables […] Read more
Belectric Commissions 1.9 MWh Battery Storage Facility for Audi Updated On Tue, May 28th, 2019 by Saurenergy German EPC player, Belectric has announced that a new battery storage facility was officially inaugurated at the EUREF Campus, a green innovation cluster in Berlin. The company was contracted to build the battery storage facility for Audi, with its 20 batteries sourced from test vehicles belonging to the car manufacturer. The system is part of […] Read more
SECI Extends Tender For Floating Solar Plus BESS at Lakshadweep Updated On Tue, May 28th, 2019 by Saurenergy SECI has extended the tender deadline from June 3, 2019, to August 5, 2019. The Solar Energy Corporation of India (SECI) extends the tender deadline setting up of 20 MW floating solar PV power plants with associated 60 MWh Battery Energy Storage System (BESS) at Lakshadweep again. The last date for bid submission has been […] Read more
Fortum and Nordkraft JV to Target Norwegian Wind Power Development Updated On Mon, May 27th, 2019 by Saurenergy Fortum and Norwegian energy company Nordkraft have formed a joint venture, Fortum Nordkraft Vind DA, to develop new wind power projects in Norway. The two companies have been successfully co-operating in Norwegian wind power since 2017 when Fortum entered the Norwegian wind market. “Fortum’s goal is to grow substantially in the Nordic wind and Norway […] Read more
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
Enel, Enertag and Leclanche Commission 22 MW Storage System in Germany Updated On Fri, May 24th, 2019 by Saurenergy The system, which involved a total investment of approximately 17 million euros, is supporting the stability of the German electricity network by providing frequency regulation services to the country’s Primary Control Reserve (PCR) market. Enel Green Power Germany (EGP Germany), Germany-based renewable energy company Enertag and Swiss energy storage solutions company Leclanché recently inaugurated the […] Read more
