World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt Updated On Wed, Feb 20th, 2019 by Saurenergy The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […] Read more
India & China Lead as Asia-Pacific Installs 24.9 GW of New Onshore Wind Capacity in 2018 Updated On Wed, Feb 20th, 2019 by Saurenergy Total installed onshore wind capacity in Asia-Pacific is now 256 GW, leading countries in the region for onshore installations in 2018 were China (21.2 GW) and India (2.2 GW). The latest data released by the Global Wind Energy Council (GWEC), a member-based organisation that represents the entire wind energy sector, shows that Asia-Pacific installed 24.9 […] Read more
Tender For 6.8 MW Wind Power Plant Issued in Daman & Diu Updated On Mon, Feb 18th, 2019 by Saurenergy The last date of bid submissions is April 22, 2019, the technical bods opening will take place on April 23, 2019, and price bid opening on April 30, 2019. The electricity department of Daman on behalf of the President of India has invited tenders from reputed manufacturers/EPC contractors for setting up of 6.8 MW of […] Read more
SECI Floats Tender For 1200 MW Wind Power Projects Tranche-VII Updated On Mon, Feb 18th, 2019 by Saurenergy The detailed RfS Document shall be available for download by February 22, 2019. The Solar Energy Corporation of India (SECI) has issued tender inviting bids for setting up of 1200 MW ISTS Connected Wind Power Projects (Tranche-VII) on a pan India basis. The detailed Request for Selection (RfS) Document shall be available for downloading by February 22, […] Read more
The Home Depot Expands Renewable Energy Initiatives Updated On Fri, Feb 15th, 2019 by Saurenergy The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […] Read more
NIT FOR SETTING UP OF 1200 MW ISTS-CONNECTED WIND POWER PROJECTS IN INDIA (TRANCHE-VII) Updated On Fri, Feb 15th, 2019 by Saurenergy Solar Energy Corporation of India Ltd. (SECI) invites online bids for Setting up of 1200 MW ISTS Connected Wind Power Projects (Tranche-VII) on a pan India basis. The detailed Request for Selection Document (RfS) shall be available for downloading by 22.02.2019 onwards on www.tcil-india-electronictender.com. Prospective bidders are requested to remain updated for any notices/amendments/clarifications etc. to the […] Read more
PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
India Can Achieve 30% of Variable Renewable Energy Generation by 2030 At No Extra Cost: ETC India Report Updated On Thu, Feb 14th, 2019 by Saurenergy Potential to reach 45% zero-carbon generation, including hydro and nuclear, while more than doubling electricity consumption and not raising consumer costs. A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The […] Read more