Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
EFGL Selects MHI Vestas Turbines Floating Wind Project Updated On Tue, Nov 19th, 2019 by Saurenergy The 2022 floating pilot project will feature MHI Vestas’ 10 MW turbine after the firm’s V164-10.0 MW offshore wind turbines were selected by EFGL. The 2022 floating pilot project will be the first offshore wind park to feature MHI Vestas’ 10 MW turbine after the firm’s V164-10.0 MW offshore wind turbines were selected by the […] Read more
Interview with Honey Raza, Head – Sales (India), Ginlong [Ningbo] Technologies Updated On Tue, Nov 19th, 2019 by Saurenergy Ginlong Solis, established in 2005, is a specialist in manufacturing string inverters for converting DC to AC power and interacting with the utility grid. The company’s client base spread across various segments including residential, commercial and utility scale solar market. It’s products have been exported to over 80 countries globally. In an exclusive interview […] Read more
Azelio Signs MoU for 120 MW Storage Facilities in California Updated On Mon, Nov 18th, 2019 by Saurenergy Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […] Read more
Ideanomics’ MEG Secures 35,000 EV Taxis Order in China Updated On Mon, Nov 18th, 2019 by Saurenergy Ideanomics’ MEG has secured an order for 35,000 EV Taxis from the Yunnan Energy Investment Group in China. Ideanomics, a global financial technology company has announced that it’s Mobile Energy Global (MEG) division has secured an order for 35,000 Electric Vehicle (EV) taxis from the Yunnan Energy Investment Group, which is a province-designated entity for […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
LG Chem EV Battery Gigafactory in Poland to be Powered by EBRD Updated On Sat, Nov 16th, 2019 by Saurenergy EBRD has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Poland by LG Chem The European Bank for Reconstruction and Development (EBRD) has announced that it has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Wrocław […] Read more
DTEK Crosses 1 GW Mark in RE Generation With new 100 MW Wind Plant Updated On Sat, Nov 16th, 2019 by Saurenergy DTEK has commissioned the 100 MW Orlivska Wind Power Plant in Ukraine. In doing so, the company has put 1 GW of renewable energy in operation by 2020. DTEK in the partnership with the Danish company Vestas, the world’s leading wind turbine producer, has accomplished the construction of the Orlivska Wind Power Plant, a 100 […] Read more
Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
