EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan Updated On Thu, Oct 5th, 2017 by Saurenergy The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […] Read more
Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil Updated On Thu, Oct 5th, 2017 by Saurenergy Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […] Read more
A Brief Perspective on Aggregated Forecast of Solar Power Generation Updated On Wed, Oct 4th, 2017 by Saurenergy The solar power generation shows a promising future in India. But due to the variability and intermittency, large scale renewable energy penetration in existing grid is a challenge and the proper policy and regulatory mechanisms, technological solutions and institutional structures are key issues in solar energy penetration. The ‘Forecasting and Scheduling’ (F&S) of variable renewable […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Saudi Arabia opens bid for ‘utility scale’ 300 MW solar project Updated On Wed, Oct 4th, 2017 by Saurenergy “Today’s bid opening represents a significant milestone for the National Renewable Energy Programme, and an important step on the way to diversifying Saudi Arabia’s domestic energy mix and building a cutting edge domestic renewable energy sector” Saudi Arabia invited bids today for a “utility-scale” 300-megawatt solar project, a first for the world’s top oil exporter. […] Read more
Two 10 MW floating solar projects are coming up in Andhra Pradesh and Kerala soon Updated On Tue, Oct 3rd, 2017 by Saurenergy “Two 10 MW floating solar projects, which will be the largest so far in the country, will come up in Andra Pradesh and Kerala. We are carrying out the design,” Two floating solar projects with the capacity of 10 MW each are coming up in Andhra Pradesh and Kerala to harness unutilised water bodies. “Two […] Read more
Fate of Paris Climate Accord Updated On Wed, Sep 27th, 2017 by Saurenergy “WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […] Read more
Enel Commissions Largest Solar Project in South America Updated On Tue, Sep 26th, 2017 by Saurenergy Enel has commissioned two solar plants that include the 254 MW and the 292 MW located respectively at Ituverava and Nova Olinda solar parks. Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar […] Read more
Will GST Slowdown India’s Solar Power Juggernaut? Updated On Tue, Sep 19th, 2017 by Saurenergy The Government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into the uproar and dissatisfaction in the industry the government seems to have changed its plan and working on settling the incongruities in the new regime. The […] Read more
