Three Wind Energy Projects in Bolivia Begin Construction Updated On Fri, Feb 22nd, 2019 by Saurenergy The preliminary work on the wind farm project and the design of the wind turbines are expected to begin in the next 90 days. Bolivian President Evo Morales announced the construction of three wind power plants this year, following the signing of a Supreme Decree that authorizes the credit agreement with the Danish Agency for […] Read more
ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
China Plans to Launch a Space-Based Solar Power Station by 2025 Updated On Tue, Feb 19th, 2019 by Saurenergy According to China’s Science and Technology Daily, the country’s researchers are working on a solar power station they will send to outer space. China’s Academy of Space Technology is working on an orbital power plant that would capture solar energy in space and beam it back to Earth. The scientists in Chongqing, China have plans […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
SECI and HPPC Sign PSA for 590 MW of Wind Power Updated On Tue, Jan 29th, 2019 by Saurenergy SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […] Read more
China Added 44.3 GW of Solar and 20.59 GW of Wind Capacity in 2018 Updated On Mon, Jan 28th, 2019 by Saurenergy Total capacity, including hydro and biomass as well as solar energy and wind power, rose to 728 GW by end-2018, the NEA said during a briefing. According to official numbers, China’s renewable energy capacity increased by 12 percent in 2018 year-on-year compared to 2017. The leading country in the world for both solar and wind […] Read more
Hindustan Aeronautics Limited Inaugurates 8.4 MW Wind Energy Plant Updated On Fri, Jan 25th, 2019 by Saurenergy Aiming for self-reliance in power, Hindustan Aeronautics Limited has unveiled its new 8.4 wind power plant. Contributing towards green energy production and to achieve self-reliance in electricity power requirement, Mr. R Madhavan, CMD-HAL inaugurated an 8.4MW wind energy power plant near Ilkal in Bagalkot district (Karnataka). The power generated from this plant would be used […] Read more
GE to Digitize Tata Power’s Renewable and Thermal Fleet in India Updated On Thu, Jan 24th, 2019 by Saurenergy This is the first implementation of GE’s Predix Asset Performance Management (APM) solutions in India, will be the backbone of Tata Power’s Reliability Centered Maintenance (RCM) digitisation strategy. General Electric (GE), an American Multinational Conglomerate has announced that it will implement the first Predix Asset Performance Management (APM) solution in India for Tata Power’s thermal […] Read more
China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects Updated On Tue, Jan 22nd, 2019 by Saurenergy The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […] Read more
