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
Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt Updated On Wed, Feb 20th, 2019 by Saurenergy The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […] Read more
EcoMen Solar Commission 76 kW Rooftop Solar Project in New Jersey Updated On Wed, Feb 20th, 2019 by Saurenergy The 75.6 kW solar system was developed using 256 Silfab Solar Panels and SolarEdge inverters. New Jersey-based solar solutions provider, EcoMen Solar has successfully commissioned a 75.6 kW rooftop solar PV power project at the Poet’s Square Shopping Plaza in Freehold, New Jersey. Poet’s Square Plaza hosts retail storefronts and professional businesses. The installed solar systems […] 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
India & Germany To Provide Financial Support to Climate Conservation Projects Updated On Thu, Feb 14th, 2019 by Saurenergy Both India and Germany are in the process of outlining a Comprehensive Climate Change Act, laying down targets of emission reduction for all relevant sectors of the Indian economy. India and Germany have agreed to collaborate on a fund that will provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in […] Read more
Dispelling the Myths About Rural Electricity in India Updated On Thu, Feb 14th, 2019 by Saurenergy Rural Electricity got everyone’s attention at the WSDS 2019, with a session on availability to customer service, backed by ground research from rural India. The session titled ‘Rural Electricity access in India: Taking a leap from grid availability to customer service’ was moderated by journalist Sreenivasan Jain of NDTV, although the real anchor seemed to […] Read more
11 EU Countries Ahead of Their 2020 RE Targets: Eurostat Updated On Wed, Feb 13th, 2019 by Saurenergy 11 have already reached the level required to meet their national 2020 targets and moreover, 2 countries are around 1 percentage point away from their 2020 targets. The latest data report by Eurostat, the statistical office of the European Union, released yesterday shows that the European Union produced about 17.5 % of its power needs from […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
Tender For 831 kWp Rooftop Solar Systems Issued in Tamil Nadu Updated On Tue, Feb 12th, 2019 by Saurenergy The last date of bid submissions is February 27, 2019, and the bids will be opened on the same date. The Tiruchirappalli City Corporation has issued tender inviting bids for setting up grid-connected rooftop solar systems at the city corporation buildings in Tamil Nadu. The brief scope of work for selected bidders will include the […] Read more
