Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
ADB Secures GCF Funding for Innovative Climate Finance Fund in China Updated On Fri, Nov 15th, 2019 by Saurenergy GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […] Read more
Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
E.ON and RWE Complete Renewable Power Supply Agreement Updated On Thu, Nov 14th, 2019 by Saurenergy E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms amounting to nearly 892 MW E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting […] Read more
Ecoppia Robotic Cleaning Solution for 427 MW of Fortum’s Solar Plants in India Updated On Thu, Nov 14th, 2019 by Saurenergy Ecoppia has been chosen by Fortum, to deploy its robotic solar panel cleaning solution for different projects in India, totalling 427 MW production capacity Ecoppia, a leading developer of fully autonomous, water-free photovoltaic (PV) solar panel cleaning solutions, has announced that it has been chosen by Fortum, to deploy its field-proven platform across different projects in India, totalling […] Read more
Bye Bye Rooftop Solar? R.K. Singh’s latest 200GW target Has No Mention of Rooftop Contribution Updated On Wed, Nov 13th, 2019 by Saurenergy India’s Minister of State(I/c) for Power and New & Renewable Energy RK Singh was at the BRICS Energy Ministers meet at Brasilia on Monday, where he informed attending ministers that India will install more than 200 thousand MW of Renewable Energy capacity by 2022. He also said that India’s Energy mix will comprise about 55 […] Read more
Tata Steel to use Fleet of Tigor EV for Employee Transportation Updated On Fri, Nov 8th, 2019 by Saurenergy Tata Steel has taken the lead to introduce a fleet of Tigor EV from Tata Motors for its employee transportation in Jamshedpur. As part of its Go-Green initiative, Tata Steel has taken the lead to introduce a fleet of electric vehicles (EV) for its employee transportation in Jamshedpur. The company has partnered with Tata Motors […] Read more
