Alternet Systems $100 mn E-Mobility Investment Campaign Gains Momentum Updated On Thu, Dec 26th, 2019 by Saurenergy Alternet Systems has a new interest in its USD 100 million investment campaign to fund regionally specific electric mobility technology R&D and production Alternet Systems, Inc. (ALYI) has announced a new interest in the company’s recently announced USD 100 million investment campaign to fund regionally specific electric mobility technology research and development and production. The […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
BEST Tenders for 200 Electric Buses in Mumbai Under FAME-II Updated On Thu, Dec 26th, 2019 by Saurenergy BEST has issued a tender for 200 MIDI Electric Buses in the city of Mumbai and its extended suburbs on a GCC model under the Fame Scheme Phase II. The Brihan-Mumbai Electric Supply & Transport Undertaking (BEST) has issued a tender, inviting bids from eligible firms for the public transport of 200 MIDI Electric Buses […] Read more
New Thermodynamic Formula Reveals Bifacial Panels Generate 15-20% More Power Updated On Tue, Dec 24th, 2019 by Saurenergy A new thermodynamic formula reveals that the bifacial cells making up double-sided panels generate on average 15-20 percent more power than monofacial cells Double-sided solar cells are already enabling panels to sit vertically on land or rooftops and even horizontally as the canopy of a gas station, but it hasn’t been known exactly how much […] Read more
Enel Begins Operation of its Largest Wind Project in Texas Updated On Tue, Dec 24th, 2019 by Saurenergy Enel has started operation of its 450 MW High Lonesome wind farm in Texas, the largest operational wind project in the Group’s global renewables portfolio. Enel, through its US renewable subsidiary Enel Green Power North America, has started operations of its 450 MW High Lonesome wind farm in Upton and Crockett Counties, in Texas, the […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
AfDB and EU to Provide €12 mn for Electrification of Rural Areas in Togo Updated On Mon, Dec 23rd, 2019 by Saurenergy AfDB, EU and the Togolese government have signed an agreement for 12 million euros to support the CIZO rural electrification program from Togo (PRAVOST). The African Development Bank (AfDB), the European Union (EU) and the Togolese government have signed an agreement of some 12 million euros as part of the project to support the […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more