IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] Read more
Rosatom’s 1st and Russia’s Largest Wind Farm Begins Supplying Electricity Updated On Thu, Mar 5th, 2020 by Saurenergy The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market. The Adygea Wind Warm is the first completed project of NovaWind JSC (the ROSATOM division […] Read more
Siemens Gamesa Bags Turbine Order for 1.1 GW Offshore Wind Projects Updated On Thu, Mar 5th, 2020 by Saurenergy Ørsted has conditionally named Siemens Gamesa as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW Ørsted has conditionally named Siemens Gamesa Renewable Energy as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW (1.142 MW). At […] Read more
India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence Updated On Wed, Mar 4th, 2020 by Saurenergy Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […] Read more
PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […] Read more
MHI Vestas Secures 1st Firm Order in Japan for 139 MW Offshore Wind Projects Updated On Wed, Mar 4th, 2020 by Saurenergy Akita Offshore Wind Corporation has completed a firm turbine supplier agreement with MHI Vestas for a 139 MW offshore wind farm project in Japan Akita Offshore Wind Corporation (AOW) has completed a firm turbine supplier agreement with MHI Vestas for the Akita Noshiro Offshore Wind Farm Project. This is the first firm order in Japan that […] Read more
No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh Updated On Wed, Mar 4th, 2020 by Saurenergy India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […] Read more
Indonesia Racing Towards 23% Renewable Energy: IEEFA Updated On Tue, Mar 3rd, 2020 by Saurenergy The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […] Read more