Goldwind Secures Order for 200 MW Wind Farm in Canada Updated On Wed, Aug 21st, 2019 by Saurenergy Goldwind has secured a firm turbine supply order for the 200 MW Golden South Wind Project in Canada Goldwind Americas, a wholly-owned subsidiary of Chinese wind major Xinjiang Goldwind Science & Technology, has announced that it has secured a firm turbine supply order for the 200 megawatts (MW) Golden South Wind Project located in Assiniboia, […] Read more
UKCI to Invest £14 mn on 250 MW Wind Projects in South Africa Updated On Wed, Aug 21st, 2019 by Saurenergy UKCI has announced an approximate £14 million agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South Africa. The UK Climate Investments (UKCI) has announced an approximate £14 million (R253 million) agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South […] Read more
Odisha Moves Towards Pre-Paid Electricity With new Smart Meters Updated On Tue, Aug 20th, 2019 by Saurenergy Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering The state government of Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering, Energy Minister D S Mishra has said. The consumers will get […] Read more
BloombergNEF Awards Sungrow 100% Bankability Rating Updated On Mon, Aug 19th, 2019 by Saurenergy Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […] Read more
India Will Need $ 500-700 bn in Renewable Investments by 2030 Updated On Mon, Aug 19th, 2019 by Saurenergy India will require USD 500-700 billion in renewable energy and supporting grid investments by 2030, in order to meet its renewable energy targets. A new analysis has revealed that India will require USD 500 – 700 billion in renewable energy and supporting grid investments over the coming decade in order to meet its renewable energy […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF Updated On Fri, Aug 16th, 2019 by Saurenergy The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more