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
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
The Home Depot Expands Renewable Energy Initiatives Updated On Fri, Feb 15th, 2019 by Saurenergy The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […] Read more
Distributed Energy Projects Awarded $9.6 Mn by ARENA Updated On Tue, Feb 12th, 2019 by Saurenergy These 12 projects and studies are expected to help in maximising the potential benefits of DER technologies owned by households and businesses. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has awarded $ 9.6 million in funding to 12 projects and studies to further integrate distributed energy resources (DER) into the […] Read more
Government of India has been making concerted efforts for Developing Energy Storage Technologies Updated On Thu, Feb 7th, 2019 by Saurenergy The Government of India has been making concerted efforts for developing energy storage technologies for managing the variable generation from renewable energy sources, including solar power. In this regard, an Expert Committee chaired by Secretary, Ministry of New and Renewable Energy, has proposed draft National Energy Storage Mission that strives for leadership in the energy […] Read more
Govt. implements various programs/schemes for promotion of grid interactive renewable energy Updated On Thu, Feb 7th, 2019 by Saurenergy The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: – Waiver of Inter State Transmission System (ISTS) charges […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
Containerised Solar PV Solutions to Provide Clean Energy to Off-Grid Populations Updated On Tue, Feb 5th, 2019 by Saurenergy The containerised system can work as a grid-tied system where power is available and as an off-grid system where the grid is unavailable. Keeping in view the agenda of attaining universal electricity access by 2030, and to enable access to reliable and affordable energy, STEAG Energy Services has developed a containerised hybrid Solar PV solution […] Read more
US DOE Announces $28 Million for Offshore Wind Energy Updated On Mon, Feb 4th, 2019 by Saurenergy ATLANTIS projects will develop new technologies for floating, offshore wind turbines (FOWTs) using the discipline of control co-design (CCD). The U.S Department of Energy (DOE) has announced up to $28 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, Aerodynamic Turbines, Lighter and Afloat, with Nautical Technologies and Integrated Servo-control (ATLANTIS). ATLANTIS […] Read more
