World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme Updated On Wed, Feb 20th, 2019 by Saurenergy The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […] Read more
Amazon to Rely on RE to Cut Carbon Footprint Updated On Tue, Feb 19th, 2019 by Saurenergy Amazon is calling its program “Shipment Zero,” and plans to publicly publish its carbon footprint for the first time later this year. Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener. The online retail giant announced plans to make half of all its shipments carbon neutral by 2030. […] Read more
PM Dedicated Rs 4,976 Cr Transmission Project to the Nation Updated On Sat, Feb 16th, 2019 by Saurenergy The Power Ministry claimed in a statement that, this Rs 4,976 crore project will improve the power system in Western UP along with Bundelkhand. With an aim to improve the power system, Prime Minister Narendra Modi dedicated PowerGrid 765/400 kV Orai Sub-station & 765 kV Aligarh Sub-station and associated lines to the Nation at a […] Read more
PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
Distributed Energy Projects Awarded $9.6 Mn by ARENA Updated On Tue, Feb 12th, 2019 by Saurenergy These 12 projects and studies are expected to help in maximising the potential benefits of DER technologies owned by households and businesses. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has awarded $ 9.6 million in funding to 12 projects and studies to further integrate distributed energy resources (DER) into the […] Read more
Biggest Offshore Wind Farm to Power Up this Week Updated On Tue, Feb 12th, 2019 by Saurenergy When completed will be twice the capacity of the world’s largest offshore wind farm. Danish wind energy solutions provider, Ørsted, has announced that its Hornsea 1 wind farm off the coast of Yorkshire (Britain) is to supply its first power to the UK electricity grid this week. The Danish developer will be installing the first […] Read more
One-Board Discovery Kits from STMicroelectronics Offer Best Convenience and Value Updated On Mon, Feb 11th, 2019 by Saurenergy Priced at Rs 605, the kits are now available through online and offline mediums. The new STM8-SO8-DISCO 8-bit microcontroller (MCU) Discovery Kit from STMicroelectronics lets users evaluate all three STM8 variants currently available in the popular 8-pin SO8 package. In addition to the three-in-one value, the kit offers no-frills simplicity and features to jump-start the next stage […] Read more
Australia Could Meet Its Paris Agreement Targets 5 Years In Advance : ANU Updated On Fri, Feb 8th, 2019 by Saurenergy Australian National University has found that Australia is installing renewable energy faster than any other country, helping it to meet its entire Paris Agreement emissions reduction targets five years early. According to new research conducted by the Australian National University, the pipeline for new wind and solar photovoltaic (PV) electricity systems in the country is about […] Read more