The Potholes of 2019 for India’s Solar Drive Updated On Tue, Dec 24th, 2019 by Saurenergy Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […] Read more
Enel Green Power Connects 4 Wind Farms in Spain Worth 98 MW Updated On Tue, Dec 24th, 2019 by Saurenergy Enel Green Power España, Endesa’s renewable energy subsidiary, has connected 4 wind farms to the grid in Spain, with a total capacity of 98 MW Enel Green Power España (EGPE), Endesa’s renewable energy subsidiary, has connected the El Campo, La Estanca, Loma Gorda and Santo Domingo de Luna wind farms to the grid in Spain. […] Read more
ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia Updated On Tue, Dec 24th, 2019 by Saurenergy ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
Eni and Falck Renewables JV to Develop 1 GW RE Projects Updated On Mon, Dec 23rd, 2019 by Saurenergy Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […] Read more
EOI for 5 MW Solar Plant Issued by Dept of Defence Production Updated On Mon, Dec 23rd, 2019 by Saurenergy The Department of Defence Production has issued an EOI for commissioning of 5 MW grid-connected solar plant at the Varagaon Ordnance Factory in Maharashtra. The Ordnance Factory Board under the Department of Defence Production has issued an Expression of Interest (EOI) for the commissioning of a 5 MW grid-connected solar power plant at the Varagaon […] Read more
AfDB and EU to Provide €12 mn for Electrification of Rural Areas in Togo Updated On Mon, Dec 23rd, 2019 by Saurenergy AfDB, EU and the Togolese government have signed an agreement for 12 million euros to support the CIZO rural electrification program from Togo (PRAVOST). The African Development Bank (AfDB), the European Union (EU) and the Togolese government have signed an agreement of some 12 million euros as part of the project to support the […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares Updated On Fri, Dec 20th, 2019 by Saurenergy Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […] Read more
