Siemens Gamesa to Supply 194 MW Turbines For Canadian Wind Project Updated On Sat, Apr 27th, 2019 by Saurenergy Once installed, the SG 4.5-145 will be the most powerful turbines with the largest rotor installed in the country. Siemens Gamesa Renewable Energy has announced that it has signed a contract to supply and commission 43 SG 4.5-145 wind turbines, with flexible rating up to 4.8 MW, for a wind project in Canada with an […] Read more
Interview with Eric Zhang, Sales Director Asia, Ginlong (Solis) Technologies Co. Ltd Updated On Fri, Apr 26th, 2019 by Saurenergy We see EV segment linked with the solar co-generation as better project realization factor. Our grid tied and hybrid storage inverters has potential to make the EV charging stations financially and operationally more viable. Solar can bridge the gap of 7% extra requirement of electricity with induction of EV ecosystem, believes Eric Zhang, Sales Director […] Read more
World Bank Approves $200 Mn Regional Off-Grid Electrification Project Updated On Fri, Apr 26th, 2019 by Saurenergy The World Bank Group has approved the Regional Off-Grid Electrification Project (ROGEP) to help expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region. The Board of the World Bank Group approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and […] Read more
European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania Updated On Fri, Apr 26th, 2019 by Saurenergy The scheme will contribute to Lithuania’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types […] Read more
ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific Updated On Fri, Apr 26th, 2019 by Saurenergy The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […] Read more
South Korea Steps Away From Coal and Towards Renewables Updated On Thu, Apr 25th, 2019 by Saurenergy The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […] Read more
Expanding its Global Presence, Growatt Sets Up Service Centre in Brazil Updated On Thu, Apr 25th, 2019 by Saurenergy Growatt, a leading Chinese inverter manufacturer has set up its Brazil Service Center in Mogi das Cruzes to expand its global presence. The expansion falls in line with the solar PV installations in Brazil. Solar capacity additions in the recent years have drastically increased in the South American nation, with 371.9 MW capacity added in […] Read more
STMicroelectronics Reports First Quarter Financial Results Updated On Thu, Apr 25th, 2019 by Saurenergy The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. […] Read more
Prioritise Electrification of 2 & 3 Wheeler Segment: Report Updated On Thu, Apr 25th, 2019 by Saurenergy The report brings insights and opinions from the country’s first multimodal e-mobility initiative, titled ‘Beyond Nagpur: The Promise of Electric Mobility’. A new report by the Ola Mobility Institute, a policy research and social innovation think-tank, offers insights from the shared mobility providers extensive electric vehicle operations in Nagpur to help devise business models, provide […] Read more