Sterling and Wilson Scales New Heights; Gets Awarded the World’s Largest Solar Power Plant Updated On Tue, Jun 20th, 2017 by Saurenergy The solar power plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). Sterling and Wilson, one of the dominant global forces in the solar power space, has bagged Turnkey Engineering Procurement and Construction […] Read more
JinkoSolar completes Financial Agreements for 1,177 MW Sweihan PV Power Project in Abu Dhabi Updated On Thu, May 25th, 2017 by Saurenergy The agreements were signed by Abu Dhabi Water and Electricity Authority (ADWEA) and Sweihan Solar Holding Company Limited (“Sweihan”), a joint venture between JinkoSolar and Marubeni Corporation (“Marubeni”), and a syndicate of international and local banks. JinkoSolar has announced that in a signing ceremony held at the Emirates Palace, the financial agreements for the debt […] Read more
Hyderabad based Greenko raises 155 Million Dollars Equity from GIC and Abu Dhabi Investment Authority Updated On Tue, Mar 28th, 2017 by Saurenergy India’s Greenko Energy has raised $155 million equity funding from ADIA and an affiliate of global investment firm GIC to expand its clean energy portfolio to 3 GW from 2GW. Indian renewable energy firm Greenko Energy Holdings has signed up primary equity funding of $155 million (about Rs 1008 crore) from an affiliate of global […] Read more
JinkoSolar, Marubeni Enters Into PPA for Sweihan Solar PV Independent Power Project in Abu Dhabi Updated On Thu, Mar 2nd, 2017 by Saurenergy A special purpose company jointly owned by JinkoSolar, Marubeni, and the Abu Dhabi Water and Electricity Authority (“ADWEA”) will construct, operate and maintain the solar PV plant for the duration of the 25-year PPA JinkoSolar and Marubeni Corporation have entered into a Power Purchase Agreement (“PPA”) with the Abu Dhabi Water and Electricity Company (“ADWEC”) […] Read more
Huawei Incepts a New Trend in String Inverters with 1500V Smart PV Solution Updated On Tue, Jan 31st, 2017 by Saurenergy Aimed to expand across the Middle-East Market, Huawei amid World Future Energy Summit (WFES) in Abu Dhabi announced its new 1500V Smart PV Solution. The new enhanced 1500V is learned to be designed for large-scale PV installations, such as utility-scale PV power plants in desert regions in the Middle East and Africa. The new 1500V […] Read more
Saudi Arabia to Launch Multi-billion Renewable Energy Schemes Updated On Fri, Jan 20th, 2017 by Saurenergy World’s largest oil exporter vies to diversify its focus to Renewable Energy Saudi Arabia is set to launch a renewable energy programme worth up to $50 billion, as the world’s largest oil exporter vies to diversify its economy, its energy minister stated. “This is the first time we talk about the specific programme,” minister Khaled […] Read more
Solar Power to Become Economical than Coal by 2025 Updated On Tue, Jan 3rd, 2017 by Saurenergy As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the […] Read more
MNRE & MASDAR in UAE are jointly organizing a conference and exhibition in UAE on RE opportunities in India Updated On Fri, Nov 25th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) & Abu Dhabi government agency MASDAR in the UAE are jointly organizing a conference and exhibition that focuses on renewable energy opportunities in India. MNRE India delegation will be led by Piyush Goyal, Hon’ble Minister of State for Coal, Power, New and Renewable Energy, Government of India. In […] Read more
Indian solar industry to bring bankable investment opportunities at WFES 2107 in Abu Dhabi Updated On Wed, Oct 26th, 2016 by Saurenergy India’s top notch solar power enterprises will be showcasing an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi002E This also follows the Indian government’s plans to add an additional 175 GW of renewable energy to the nation’s electricity supply by 2022. Indian solar developers will bring bankable, […] Read more