EIB, Amundi Launch €1Bn Financing Program for European Energy Transition Updated On Wed, Jul 10th, 2019 by Saurenergy Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […] Read more
EDPR Secures PPA for 126 MW Wind Farm in Brazil Updated On Wed, Jul 10th, 2019 by Saurenergy EDPR has secured a 20-year PPA, to sell the energy to be produced by Monte Verde VI and Boqueirão I-II wind farms in Brazil. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renováveis Brasil, S.A., has secured a 20-year […] Read more
Global Wind Capacity to Grow by 60% Over Next 5 Years Updated On Tue, Jul 9th, 2019 by Saurenergy Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
Vestas Selected to Expand Largest Citizen-Owned Wind Park Updated On Tue, Jul 9th, 2019 by Saurenergy Bürgerwindpark Reußenköge has placed an order with Vestas for 12 turbines for the expansion of the largest citizen-owned wind park. Bürgerwindpark Reußenköge has placed an order with Vestas for 12 of its V112-3.45 MW turbines for the expansion of a citizen-owned wind park in Schleswig-Holstein. With this order, the wind park will have a total […] Read more
EESL Introduces Super Energy Efficient AC at Rs 41,300 Updated On Mon, Jul 8th, 2019 by Saurenergy In the first phase, 50,000 ACs will be available for consumers of BSES Rajdhani Power Ltd (BRPL), BSES Yamuna Power Ltd (BYPL) and Tata Power Delhi Distribution Ltd (Tata Power-DDL), on a first come, first served basis. Government-backed Energy Efficiency Services Limited (EESL) has commenced the sale of the first-of-its-kind, Super-Efficient Air Conditioners (ACs), for […] Read more
Growatt Holds Shine Elite Workshop in Vietnam Updated On Sat, Jul 6th, 2019 by Saurenergy Vietnam’s solar market is good news for the solar industry with the growing demand for electricity and government policy to promote PV development. With the support from Alena Energy and LONGi Solar, Growatt held its Shine Elite PV workshop on July 4, 2019, in Ho Chi Minh City. The meeting highlighted training on Growatt’s smart […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Nordex Reports Order Intake of 2 GW for Second Quarter of 2019 Updated On Wed, Jul 3rd, 2019 by Saurenergy The Nordex Group has received orders for over 2 GW of wind turbines in the second quarter of 2019 for wind farm projects in 12 countries. The Nordex Group has announced keeping in line with its strong order intake performance over recent quarters, it has received orders for over 2 GW of wind turbines in […] Read more