World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
MBJ Post Shipment and Post Installation Inspection Report Updated On Thu, Feb 21st, 2019 by Saurenergy In order to realize the module test on site at the highest technical level, MBJ and there worldwide partners need the right testing equipment. MBJ invented and consistently improved the Mobile PV Laboratory for the efficient on-site testing of solar modules, so that today it works on the technical level of conventional stationary laboratories. Test […] Read more
Enercon Signs 345 MW Agreement For Canadian Wind Energy Projects Updated On Mon, Feb 18th, 2019 by Saurenergy Under the agreement, the company will supply EP3 turbines for two projects in Canada. Germany-based Enercon GmbH, one of the world’s leading and largest wind turbine manufacturer has taken another step towards its goal of increased focus on international markets after reaching an agreement to supply 345 MW capacity of it’s E-138 EP3 wind turbines […] Read more
India Can Achieve 30% of Variable Renewable Energy Generation by 2030 At No Extra Cost: ETC India Report Updated On Thu, Feb 14th, 2019 by Saurenergy Potential to reach 45% zero-carbon generation, including hydro and nuclear, while more than doubling electricity consumption and not raising consumer costs. A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The […] Read more
Dispelling the Myths About Rural Electricity in India Updated On Thu, Feb 14th, 2019 by Saurenergy Rural Electricity got everyone’s attention at the WSDS 2019, with a session on availability to customer service, backed by ground research from rural India. The session titled ‘Rural Electricity access in India: Taking a leap from grid availability to customer service’ was moderated by journalist Sreenivasan Jain of NDTV, although the real anchor seemed to […] Read more
HPL Electric and Power Ltd Reports Q3 FY 19 Results Updated On Thu, Feb 14th, 2019 by Saurenergy PAT for the first nine months of FY19, was stable. HPL Electric and Power Ltd, an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, has announced its financial results for the quarter ended December 31, 2018. Financial Performance in the first nine months of the financial year 2018-19, was […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
“Leveraging the Co-Benefits of RE” Report Launched at WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy TERI previously coordinated three co-benefits Council meetings to delineate areas of national importance that can be captured using the co-benefits approach. TERI and the Institute for Advanced Sustainability Studies (IASS), under the aegis of International Climate Initiative (IKI) and the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), launched their report […] Read more
Biggest Offshore Wind Farm to Power Up this Week Updated On Tue, Feb 12th, 2019 by Saurenergy When completed will be twice the capacity of the world’s largest offshore wind farm. Danish wind energy solutions provider, Ørsted, has announced that its Hornsea 1 wind farm off the coast of Yorkshire (Britain) is to supply its first power to the UK electricity grid this week. The Danish developer will be installing the first […] Read more