EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency Updated On Wed, Feb 27th, 2019 by Saurenergy The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […] Read more
General Motors Partners With DTE To Source Wind Energy in Michigan Updated On Wed, Feb 27th, 2019 by Saurenergy The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […] 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
Wind Energy and Hydrogen Can Work Together For a Cleaner Europe Updated On Tue, Feb 26th, 2019 by Saurenergy WindEurope recently hosted a workshop exploring the wind energy’s potential to decarbonize industries that are resource and energy-intensive – with a focus on hydrogen. Speakers included the IEA, the European Commission, the hydrogen sector, wind energy sector representatives and sectoral trade organizations. Late last year, the European Commission presented its strategic long-term vision for a […] 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
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
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
Saudi Arabia and China To Boost Renewable Energy Cooperation Updated On Mon, Feb 25th, 2019 by Saurenergy Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […] Read more
