GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects Updated On Tue, Mar 5th, 2019 by Saurenergy The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment. The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […] Read more
Deloitte India Proposes Road Map for Achieving EV Ambition Updated On Fri, Mar 1st, 2019 by Saurenergy Development of a robust ecosystem key to EV adoption. Professional services firm Deloitte India has suggested a road map showcasing the ways through which the country can achieve its ambitious targets for e-mobility. India’s pledge to reduce carbon emission by 33 to 35 percent until 2030 solicits emerging automotive technologies and alternative fuel, especially in […] Read more
Inox Wind Licenses AMSC’s 3 MW Class Wind Turbine Design Updated On Thu, Feb 28th, 2019 by Saurenergy Under the agreement, AMSC will be the exclusive supplier of electric control systems (ECS) for Inox’s 3 MW class wind turbine. AMSC, a global energy solutions provider serving wind and power grid industry leaders, has announced that it has entered into an exclusive license agreement for a 3 MW class wind turbine design in India […] Read more
EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency Updated On Wed, Feb 27th, 2019 by Saurenergy The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […] Read more
LONGi to Supply 224 MW Modules For Largest “Bifacial+Tracker” Project in US Updated On Tue, Feb 26th, 2019 by Saurenergy The project, which is expected to be completed by the end of 2019, will provide adequate clean electricity to more than 30,000 households. The largest “bifacial+tracker” power generation project in the United States will be built up in Mitchell County, Georgia, with a capacity of 224MW, for which LONGi, a world-leading manufacturer of high-efficiency mono-crystalline […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
GE T&D India to Set Up PowerGrid’s Substation in Gujarat For Wind Power Evacuation Updated On Mon, Feb 25th, 2019 by Saurenergy Through this project, GE will help evacuate around 2500 MW of wind power generated in Gujarat. GE T&D India, part of GE’s Grid Solutions business in India, has been awarded a Rs 162 crore contract by Power Grid Corporation of India Limited (PGCIL) to extend the 765kV AIS Substation and setting up a new 400kV […] Read more
MNRE’s Rs 175.87 Cr RE Research and Technology Development Programme Renewed Updated On Fri, Feb 22nd, 2019 by Saurenergy The President of India has given his approval for the continuation of the Renewable Energy Research and Technology Development (RETD) program of the Ministry of New and Renewable Energy (MNRE) for implementation during 2017-18 and 2019-20 at the cost of Rs 175.87 crore. The scheme aims at scaling up R&D effort for “Renewable Energy Research […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Thu, Feb 21st, 2019 by Saurenergy Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […] Read more