Suzlon Completes Sale of Two Subsidiaries to ReNew Power Updated On Wed, Apr 10th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two of its subsidiaries to Ostro Power, a wholly owned subsidiary of ReNew Power for Rs 29.8 crore. The two subsidiaries are the Shreyas Solarfarms limited and Aalok Solar farms Limited, which own a combined 30 MW capacity of solar power projects in Rajasthan. […] Read more
Praj Industries & Gevo USA to Collaborate on Production of Renewable Aviation Jet Fuels Updated On Wed, Apr 10th, 2019 by Saurenergy As per the pact, Praj will provide Engineering Procurement and Construction (EPC) services to 3rd parties using a process design package developed by Praj, which uses Gevo’s proprietary Isobutanol biocatalyst on sugary-based feedstock. Pune-based process and project engineering company, Praj Industries has signed a Construction License Agreement (CLA) with Gevo, Inc, USA to commercialise the […] Read more
Global Storage Market Predicted to Reach 158 GWh by 2024: Report Updated On Tue, Apr 9th, 2019 by Saurenergy The global energy storage market will expand 13-fold by 2024, according to new research from consultancy firm Wood Mackenzie. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Research Director, said, […] Read more
Saudi Arabia Tipped to Become Largest Wind Market in the Middle East Updated On Tue, Apr 9th, 2019 by Saurenergy A new report has highlighted that Saudi Arabia is set to become the largest market for wind power in the Middle East by early 2020s. According to the report ‘Middle East Wind Power Market Outlook, 2019-2028’, recently released by consultancy firm Wood Mackenzie, developers in Saudi Arabia are expected to build 6.2GW of wind capacity […] Read more
Siemens Gamesa Signs First Full-Scope Multi-brand Service Contract in Europe Updated On Mon, Apr 8th, 2019 by Saurenergy SGRE’s Service business maintains nearly 56,700 MW (onshore and offshore) in 62 countries. Siemens Gamesa Renewable Energy (SGRE) has secured its first full-scope contract for the service of turbines supplied by other Original Equipment Manufacturers (oOEM) in Poland with Polenergia. Starting in April 2019, SGRE will provide service and maintenance for the 34MW Lukaszow and […] Read more
$59 Million Fund to Accelerate Research in Batteries and Electric Vehicles Updated On Mon, Apr 8th, 2019 by Saurenergy Funded through the Office of Energy Efficiency and Renewable Energy, this funding opportunity seeks projects to address priorities in advanced batteries electric drive systems, and energy efficient mobility systems amongst other areas of interest. The U.S. Department of Energy, Under Secretary of Energy, Mark W. Menezes has announced up to $59 million for new and […] Read more
GE to Supply Benin’s 1st ADMS Grid Soln; Inks 2 Deals in West Africa Updated On Mon, Apr 8th, 2019 by Saurenergy As per the deal, the company will build energy systems in Benin and upgrade three substations in Cote d’Ivoire. GE Renewable Energy’s grid solutions business has bagged two contracts in West Africa to provide its energy solutions to help foster economic development and growth in Benin and Cote d’Ivoire. As per the deal, the company […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States Updated On Fri, Apr 5th, 2019 by Saurenergy Adding to its presence in Delhi, Haryana and Uttar Pradesh, the company added industrial and institutional clients in Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Puducherry in FY 2018-19. One of the leading players in the rooftop solar space, MYSUN has received new orders aggregating 11 MW from Maharashtra and Rajasthan states in past 30 […] Read more
