Enel Green Power Commissions 15 MW Solar PV Plant in Mallorca Updated On Mon, May 17th, 2021 by Saurenergy Rome-headquartered multinational renewable energy corporation Enel Green Power España (EGPE) announced recently that it has commissioned the new Nou Biniatria solar photovoltaic plant in the town of Alcúdia in Mallorca. This facility has an installed capacity of 14.96 MW and an expected output of approximately 24.84 GWh per year. Its parent company, the Enel Group, […] Read more
DST Raises $100 Million In Series C Funding Round Updated On Mon, May 17th, 2021 by Saurenergy Chinese electric vehicle logistics provider, DST Car Rentals has announced that it has closed its latest round of investment for Series C funding. This final round of investment has raised a total of USD 100 million. The investment was led by the Ingka Investments (part of Ingka Group), followed by SMRT Ventures, China Securities Investment […] Read more
JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
UPNEDA Moves To Initiate 106 MW Solar Plants Under PM KUSUM Updated On Mon, May 17th, 2021 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender inviting bids for 106 MW of solar plants under the PM KUSUM scheme. The scheme, while primarily focused on solar pumps initially, was expanded later to include solar plants too. The tender invites bids for plant sizes ranging from 0.5 MW […] Read more
IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues Updated On Fri, May 14th, 2021 by Saurenergy The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […] Read more
MNRE Waives off Hard Copy Requirement for RE Project Invoices Updated On Fri, May 14th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) released a notification yesterday, stating that for RE projects which were scheduled to be implemented April 1, 2021, onwards, the requirement of submitting physical hard copies has been waived off and the implementing agencies have been directed to accept soft copies of invoices. The notification is meant as […] Read more
Vietnam’s PDP8 Delay Can Unlock More Cost-Effective RE: IEEFA Updated On Fri, May 14th, 2021 by Saurenergy The key is to refine new strategies and improve market structures Vietnam’s Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8), was expected to be signed off at the end of March during the last days of Prime Minister Nguyen Xuan Phuc’s administration, but it hit an unexpected delay. Rather than being […] Read more
Canadian Solar Partners with AI Energy Storage Optimisation Firm Habitat Energy Updated On Fri, May 14th, 2021 by Saurenergy Canadian Solar has partnered with Habitat Energy, a market leader in power trading and asset optimisation services for battery storage assets Canadian Solar has announced that it has executed a strategic partnership and investment with Habitat Energy, a UK-based market leader in power trading and asset optimisation services for battery storage assets that uses artificial […] Read more
