ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more
Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Cargill Partners With CleanMax for RE Projects in India Updated On Tue, Jul 14th, 2020 by Saurenergy Cargill has partnered with CleanMax in India to meet 70 to 80 percent of its facility’s electricity needs from a solar and wind hybrid project in Karnataka. US-based global food corporation Cargill has announced that it is expanding its portfolio of renewable energy projects worldwide with 10 new projects set to come up online next […] Read more
IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more
Tata Power Solar Keeps Top EPC Spot in India’s Rooftop Solar Segment Updated On Thu, Dec 19th, 2019 by Saurenergy Tata Power Solar has maintained its number one position in EPC rooftop solar players for the sixth consecutive year in a row Tata Power Solar, one of India’s largest solar energy company and Tata Power’s wholly-owned subsidiary, has maintained its number one position in EPC rooftop solar players for the sixth consecutive year in a […] Read more
LONGi Solar Signs 200 MW Module Supply Deal in Vietnam Updated On Tue, Oct 22nd, 2019 by Saurenergy LONGi Solar and Hexagon Peak have entered into a supply deal for 200 MW of mono PERC modules for solar PV projects in Vietnam LONGi Solar, a leading vertically integrated Tier 1 manufacturer of solar modules and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, have announced that the two firms have entered […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Unplanned Solar Plant Repairs Worth $16 bn by 2024 Updated On Wed, Oct 9th, 2019 by Saurenergy Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […] Read more
Shell Acquires 20% Stake in Bengaluru-Based Orb Energy Updated On Fri, Oct 4th, 2019 by Saurenergy Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […] Read more
