EMEC Secures $35 Mn For Floating Wind Project in North-West Europe Updated On Fri, Mar 22nd, 2019 by Saurenergy The project is led by the European Marine Energy Centre (EMEC) working in partnership with SEAI, SAIPEM and other organisations in France, Germany, Ireland, the Netherlands, and the UK. A EUR 31 million ($35 million) project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a […] Read more
Viz-A-Viz with Santhosh S Nair, Director, Energy Segment-Asia, Nokia Updated On Fri, Mar 22nd, 2019 by Saurenergy Santhosh S Nair, Director, Energy Segment-Asia, Nokia spoke about the massive potential in the energy segment in India for Nokia. The Indian market is a critical market for Nokia, where, thanks to its huge telecom network investments, it already has close to 16000 employees. He was speaking to Group Editor, Prasanna Singh. Tell us about the work Nokia […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
CECEP Connects World’s Largest Floating Solar Plant in China Updated On Fri, Mar 22nd, 2019 by Saurenergy Chinese state-owned developer CECEP, in collaboration with French floating solar specialists Ciel & Terre, has connected its 70 MW floating solar power plant in Anhui, China to the grid after the project successfully cleared all tests and monitoring. Located on a former coal-mining area, in Yongqiao district, Suzhou city, the floating PV array will mainly […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
Intersolar India West to Showcase Latest Developments & Opportunities For Solar Industry of Western India Updated On Mon, Mar 18th, 2019 by Saurenergy Maharashtra is the growth engine of India’s economy taking strident steps to be among the top PV states in India. Leading with its solar rooftop market and being the capital for India’s financial industry, Mumbai is the best place for doing solar business in India’s western regions. Intersolar India West will open its doors on […] Read more
GE to Modernise Rajasthan’s Transmission Grid Updated On Sat, Mar 16th, 2019 by Saurenergy GE will modernise the Rajasthan Transmission Grid with First-of-Its-Kind Advanced Grid Management Project in India, becoming the first state to implement game-changing power transmission technology. GE Renewable Energy’s Grid Solutions business today announced that it has been awarded a technology-driven grid modernisation project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as part of the […] Read more
Tata Power Collaborates with Enedis, Schneider Electric, Odit-e & VaasaETT to Implement Smart Grid Demonstrator Updated On Sat, Mar 16th, 2019 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has joined hands with Enedis, Schneider Electric, Odit-e, and VaasaETT to implement a Smart Grid Demonstrator in India. The MoU for the same was signed between Sanjay Banga, CEO, Tata Power-DDL; Philippe Monloubou, Chairman of Management Board, Enedis; Luc Remont, Executive Vice President International Operations, Schneider Electric; Philippe Deschamps, […] Read more
