Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource Updated On Sat, Jul 20th, 2019 by Saurenergy Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […] Read more
Georgia Power Gets Approval for 2260 MW RE Projects Updated On Fri, Jul 19th, 2019 by Saurenergy Georgia Power 2019 IRP includes energy storage projects, 2,260 MW more renewable generation by 2024, and approval of its environmental compliance strategy Georgia Power 2019 Integrated Resource Plan (IRP), which was unanimously approved by the Georgia Public Service Commission (PSC), includes energy storage projects, 72 percent (2,260 MW) more renewable (solar, wind and biomass) generation […] Read more
EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
SJVN and BHEL Sign MoU for Solar Power Projects Updated On Wed, Jul 10th, 2019 by Saurenergy SJVN has entered into an MoU with BHEL for development of solar power projects in India. SJVN Ltd. has announced that it has entered into a Memorandum of Understanding (MoU) with Bharat Heavy Electrical Ltd (BHEL) for development of solar power projects in India. The MoU aims at building a strategic partnership between the parties […] Read more
Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank Updated On Tue, Jul 9th, 2019 by Saurenergy Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […] Read more
