KfW & FMO backed 50.4 MW Wind Project in Argentina Achieves Financial Closing Updated On Mon, Feb 25th, 2019 by Saurenergy The USD138 million project is being financed by KfW IPEX-Bank and the Dutch development bank (FMO). Total Eren, a leading renewable energy Independent Power Producer (“IPP”) based in Paris, has announced the successful closing of the financing of its 50.4 MW “Malaspina” wind project in southern Argentina. The USD138 million project is being financed by […] Read more
ACWA Power Joins Hand with Huawei to Develop Global PV Market Updated On Mon, Feb 25th, 2019 by Saurenergy As per the agreement, the two sides will work together to develop global PV market and apply the cutting-edge technologies such as artificial intelligence, big data, and cloud computing to PV plant projects to promote industry progress with technological innovation. Saudi Arabia’s leading developer and operator of power and desalination water plant, ACWA Power has […] Read more
KPIT Announces Winners of the Fifth Edition of Its National Innovation and Design Contest, KPIT Sparkle 2019 Updated On Mon, Feb 25th, 2019 by Saurenergy Team Aqua from Army Institute of Technology, Pune won the Platinum Award at KPIT Sparkle 2019 KPIT, a global leader in automotive engineering and mobility solutions, has announced the winners of its annual national design and development innovation contest, KPIT Sparkle 2019. The competition aims at fostering innovation among students by providing them with an […] Read more
European Offshore Wind Capacity Grew By 18% in 2018 Updated On Sat, Feb 23rd, 2019 by Saurenergy Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by WindEurope. That’s an 18% increase in Europe’s offshore wind capacity. Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 GW. This is around 10% of the total installed wind energy capacity […] Read more
EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Hyundai Steel And World Vision India Install Solar Street Lights in 4 TN Villages Updated On Fri, Feb 22nd, 2019 by Saurenergy This initiative is part of the Happy Safe Village Project, Tamil Nadu which aims at protection and safety to the communities in these villages. In line with the vision of creating safer and happy villages, Hyundai Steel and World Vision India have jointly installed 101 Solar Street Lights across four villages in the Sriperumbudur panchayat […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Thu, Feb 21st, 2019 by Saurenergy Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more
