Spain Amends Renewable Energy Targets to 74% By 2030 Updated On Wed, Feb 27th, 2019 by Saurenergy The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […] Read more
EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency Updated On Wed, Feb 27th, 2019 by Saurenergy The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […] Read more
General Motors Partners With DTE To Source Wind Energy in Michigan Updated On Wed, Feb 27th, 2019 by Saurenergy The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […] Read more
MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra Updated On Wed, Feb 27th, 2019 by Saurenergy The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […] Read more
Energy Efficiency Label for Residential Sector Launched in India Updated On Wed, Feb 27th, 2019 by Saurenergy The objective of the labeling programme is to make an instrument over the energy performance of a home which will gradually lead to an effective tool while deciding over the home prices in future. Power Minister R K Singh has launched the energy efficiency label for residential buildings at the Conference of Ministers for Power, […] Read more
Wind Energy and Hydrogen Can Work Together For a Cleaner Europe Updated On Tue, Feb 26th, 2019 by Saurenergy WindEurope recently hosted a workshop exploring the wind energy’s potential to decarbonize industries that are resource and energy-intensive – with a focus on hydrogen. Speakers included the IEA, the European Commission, the hydrogen sector, wind energy sector representatives and sectoral trade organizations. Late last year, the European Commission presented its strategic long-term vision for a […] Read more
Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022 Updated On Tue, Feb 26th, 2019 by Saurenergy 47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […] Read more
LONGi to Supply 224 MW Modules For Largest “Bifacial+Tracker” Project in US Updated On Tue, Feb 26th, 2019 by Saurenergy The project, which is expected to be completed by the end of 2019, will provide adequate clean electricity to more than 30,000 households. The largest “bifacial+tracker” power generation project in the United States will be built up in Mitchell County, Georgia, with a capacity of 224MW, for which LONGi, a world-leading manufacturer of high-efficiency mono-crystalline […] Read more
Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution Updated On Tue, Feb 26th, 2019 by Saurenergy The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […] Read more