Cabinet Briefed on MoU Between India and Tajikistan For RE Cooperation Updated On Fri, Mar 1st, 2019 by Saurenergy The Cabinet was apprised of an MoU between India and Tajikistan on cooperation in the field of Renewable Energy. The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of the Memorandum of Understanding between India and Tajikistan on Cooperation in the field of Renewable Energy. The MoU was signed on October 8, 2018. […] Read more
EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power Updated On Fri, Mar 1st, 2019 by Saurenergy This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […] 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
Siemens Gamesa Signs 48 MW Wind Turbine Agreement in Bosnia Updated On Thu, Feb 28th, 2019 by Saurenergy The deadline for commissioning the project is 21 months and the expected annual production is from the wind farm upon completion is around 130 GWh. Siemens Gamesa has signed a $78.4 million agreement with the Bosnian public electric utility company (EPBiH) to supply 15 wind turbines for a future wind farm. The wind power company […] Read more
MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra Updated On Wed, Feb 27th, 2019 by Saurenergy The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […] Read more
Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022 Updated On Tue, Feb 26th, 2019 by Saurenergy 47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […] 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
Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution Updated On Tue, Feb 26th, 2019 by Saurenergy The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […] Read more
Retrofit Transmission Lines and Wind Turbines to Avoid Bird Collision : MNRE Updated On Tue, Feb 26th, 2019 by Saurenergy Transmission agencies and wind energy developers may identify critical power transmission lines and wind energy farms passing through the GIB habitats and accordingly take up risk mitigation measures against bird hits. The Ministry of New and Renewable Energy (MNRE) has issued an order with compliance to the Ministry of Environment, Forest and Climate Changes (MOEF&CC) […] Read more