Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
Seraphim Solar Gets 80 MW Supply Pact in Vietnam Updated On Thu, Nov 15th, 2018 by Saurenergy The company has agreed to deliver the PV modules for a targeted commission date in late April 2019. Jiangsu Seraphim Solar System (Seraphim) has inked new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the Philippines. The company has agreed to […] Read more
Sungrow Partners with Bouygues to Support 201 MW PV Plant in Vietnam Updated On Thu, Nov 15th, 2018 by Saurenergy The solar project is the largest solar plant in Vietnam, and is currently being developed by a joint venture, BIM Group and AC Energy. One of the leading inverter solution suppliers for renewables Sungrow to partner with Bouygues, a French multinational industrial group, to supply 1500V turnkey container solution, associated SCADA and PPC for a 201 MW […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
CMI Inaugurates MiRIS: Europe’s Largest Industrial Energy Storage Pilot Plant Updated On Tue, Oct 30th, 2018 by Saurenergy MiRIS Project investigates energy storage, PV, and microgrid integration and optimization CMI Energy’s MiRIS project will be integrated with the CMI Group’s headquarters complex to allow its engineers to perform detailed analysis of renewable integration with energy storage CMI Energy, part of CMI Group, will be inaugurating Europe’s largest industrial energy storage facility on October 26, […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Piyush Goyal Gets Top Prize in Energy Policy Updated On Sat, Oct 27th, 2018 by Saurenergy As former Minister of Power and Renewables, Goyal fast-tracked the electrification of 18,000 remote villages in India—bridging the country’s vast energy divide. The Kleinman Center for Energy Policy bestowed its highest award ‘Carnot Prize’ to Piyush Goyal, India’s former Minister of Power and Renewables and current Minister of Railways and Coal. As former Minister of […] Read more
