Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
Neoen and Tesla to Expand World’s Largest Li-ion Battery System Updated On Tue, Nov 19th, 2019 by Saurenergy Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […] 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
€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
US DOE Grants $43 mn for Carbon Capture and Storage Tech Development Updated On Mon, Nov 18th, 2019 by Saurenergy US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […] Read more
India Prepares to Become a Major Player in EV Sector Updated On Mon, Nov 18th, 2019 by Saurenergy A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […] 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
Renewable Certificate Sales Fall 2.25% in October, Down to 6.87 Lakh Updated On Mon, Nov 18th, 2019 by Saurenergy Sales of renewable energy certificates dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago Sales of renewable energy certificates (REC) dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, […] Read more
Tariff Relief For Welspun, NSEFI Through APTEL in Tamil Nadu Updated On Mon, Nov 18th, 2019 by Saurenergy The Appellate Tribunal for Electricity (APTEL), the final authority, other than the Supreme Court, for adjudicating on power-related issues, has provided relief to Welspun Renewables Energy Private Limited, in its appeal against an order of the TNERC. (Tamil Nadu Electricity Regulatory Commission) with the TANGEDCO as co-respondent. The TNERC order was passed on 28th March […] Read more
