Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
Global Action Needed to Scale Up Hydrogen For a Clean & Secure Energy Future Updated On Fri, Jun 14th, 2019 by Saurenergy The world has an important opportunity to tap into the vast potential of hydrogen to become a critical part of a more sustainable and secure energy future, the International Energy Agency (IEA) has revealed in a major new report. The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
DEWA Strengthens Strategic Partnership on Renewable Energy With Masdar Updated On Thu, Jun 13th, 2019 by Saurenergy DEWA has announced the strengthening of its strategic partnership with Masdar, on renewable and clean energy. The Dubai Electricity and Water Authority (DEWA) has announced the strengthening of its strategic partnership with the Abu Dhabi Future Energy Company (Masdar), on renewable and clean energy, and the various plans and projects that support the objectives of […] Read more
Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit Updated On Thu, Jun 13th, 2019 by Saurenergy The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI. The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […] Read more
Mahindra Launches Asset Care Company ‘TEQO’ for RE Industry Updated On Wed, Jun 12th, 2019 by Saurenergy This newly formed company will provide optimization solutions for renewable energy customers both in India and abroad. The word TEQO is derived from Technology, Quality and Operations. With an aim to accomplish its aspiration to deliver a comprehensive, technology-enabled, asset management solution, Mahindra Partners has launched a technology driven asset care company TEQO. This newly […] Read more
Vestas Secures its Largest Order in Ukraine For 164 MW Wind Project Updated On Wed, Jun 12th, 2019 by Saurenergy Denmark-based wind energy major, Vestas has secured its largest order to date in Ukraine. Long-term customer Vindkraft has placed the order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year […] Read more
