EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects Updated On Tue, Jul 7th, 2020 by Saurenergy EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […] Read more
Enercon Concludes Supply Contracts for 212 MW in Austria Updated On Mon, Jul 6th, 2020 by Saurenergy Enercon has announced that it has agreed to another cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. German wind turbine manufacturer Enercon has announced that it has agreed to another close cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. The two […] Read more
Vestas Secures Multiple Orders in Australia, France, Italy and Netherlands Updated On Fri, Jul 3rd, 2020 by Saurenergy Vestas has signed multiple agreements for projects in Australia, France, Italy, and the Netherlands with a combined capacity of 369 MW. Global wind energy major Vestas has announced the signing of multiple agreements for the supply of wind energy turbines for projects in Australia, France, Italy, and the Netherlands with a combined capacity of 369 […] Read more
CEEW Recommends Green Energy Investments in COVID Recovery Strategy Updated On Fri, Jul 3rd, 2020 by Saurenergy The Council on Energy, Environment and Water (CEEW), along with the National Institute of Public Finance and Policy (NIPFP) has recently published a report that makes the case for India needing a new social contract based on a commitment to jobs, growth and sustainability, as it charts its way out of the COVID-19 pandemic. The […] Read more
Average Power Price in RTM Lowers to Rs 2.22 per Unit in June Updated On Thu, Jul 2nd, 2020 by Saurenergy The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […] Read more
Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions Updated On Wed, Jul 1st, 2020 by Saurenergy Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […] Read more
TPG Forms RE Firm With Acquisition of 1 GW Portfolio From Trina Solar Updated On Wed, Jul 1st, 2020 by Saurenergy The Rise Fund, managed by alternative asset firm TPG, has announced the acquisition of approximately 1 GW of solar PV projects from Trina Solar. The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has announced the acquisition of approximately 1 gigawatt (GW) of solar PV projects from Changzhou, China-based Trina […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
