Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm Updated On Thu, Jun 7th, 2018 by Saurenergy The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […] Read more
Viz-A-Viz with Liu Weizeng, General Manager of TBEA Xi’an Electric Technology Co., Ltd. Updated On Wed, Jun 6th, 2018 by Saurenergy Liu Weizeng, President of New Energy Research Institute of TBEA Xinjiang New Energy Co., Ltd., General Manager of TBEA Xi’an Electric Technology Co., Ltd., Member of Household Electricity Standardization Technical Committee of China Electricity Council. Liu graduated from Xi’an Jiaotong University, and obtained a doctorate in electrical engineering and automation. Liu has been committed to […] Read more
Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion Updated On Mon, Jun 4th, 2018 by Saurenergy The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
Viz-A-Viz with Debi Prasad Dash, Director – IESA Updated On Mon, Jun 4th, 2018 by Saurenergy Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […] Read more
French Guiana Region to Install World’s Largest Power Station with 140 MWh Renewable Energy Storage Updated On Sat, Jun 2nd, 2018 by Saurenergy Power plant will generate 100% renewable energy, delivering steady, competitively-priced electricity supply, 24/7 to over 10,000 households in French Guiana. HDF (Hydrogène de France) has announced the launch of a world first in the history of renewable energy with the creation of its CEOG project (French Western Guiana Power Plant). The project harnessed via HDF’s […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Heraeus Backs China’s Efforts for Clean Energy, Creating “Global Tipping Point” for Renewable Energy Updated On Thu, May 31st, 2018 by Saurenergy Performance gains, continual innovation and critical mass of adoption puts renewable energy on inevitable path to becoming the cheapest form of generating electricity, Heraeus Photovoltaics President Liebheit says. Andreas Liebheit, Heraeus Photovoltaics President said that the world’s energy picture is reaching a global tipping point that will establish solar energy and other renewable sources as […] Read more
