Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
With 10 GW targets for 2019 in Wind and Solar, SECI has its task cut out Updated On Thu, Feb 7th, 2019 by Saurenergy The focus this year will be on storage, and possibly, hybrid ‘wind-solar’ projects. After a rather ‘disappointing’ 2018, when large cancellations made an appearance for the first time, besides the uncertainty around GST, duties, and even state level flip flops, 2019 promises to be a tough year for SECI. We look at what it might […] Read more
Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr Updated On Wed, Feb 6th, 2019 by Saurenergy The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
Work Begins on Solar Plant at Kozhikode Railway Station Updated On Wed, Feb 6th, 2019 by Saurenergy From the Southern Railways, REMCL aims to generate upwards of 4 MWp electricity from its rooftop structures. In line with the Indian Railways objective to become self-reliant for meeting its energy needs from clean energy sources, work on the 100 kW solar plant at the Kozhikode Railway station has commenced. The project is conceived by […] Read more
Tender for Development of 50 MW Solar Plant in Kerala Updated On Mon, Feb 4th, 2019 by Saurenergy The solar power developers will also be responsible for the successful operation and maintenance (O&M) of the project. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for setting up of 50 MW of Solar PV Plant at Kasargod Solar Park in Kerala. The brief scope of work for the […] Read more
The Interim Budget. No Sunshine with A Hint of Rain Updated On Sat, Feb 2nd, 2019 by Saurenergy After getting many quick reactions from various industry experts we did some research on it and found that: The last budget of the Modi government tried to have something for everyone, especially the middle class and farmers. But it looks like the renewable vote is not really as important. On the renewable energy front, the […] Read more
Sungrow Ships 1500V Inverters for 200 MW Nevada Project Updated On Fri, Feb 1st, 2019 by Saurenergy Further, the project is expected to be grid-connected by the end of 2019 and creates hundreds of jobs for the local community. One of the global leading inverter supplier for renewable, Sungrow has recently supplied its 1500V turnkey inverter solutions tailored for North American market to Techren-2. This 200 MW solar project in Nevada marks another […] Read more
