ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan Updated On Thu, Jul 4th, 2019 by Saurenergy ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […] Read more
MG and Fortum to set up 50 KW Fast EV Charging Stations Updated On Tue, Jul 2nd, 2019 by Saurenergy MG Motor India and Fortum have undertaken the first step towards creating EV Fast Charging infrastructure in the country. As part of its commitment towards sustainable mobility, MG Motor India and Fortum Charge & Drive India have undertaken the first step towards creating DC EV Fast Charging infrastructure (50 KW) in the country. The carmaker […] Read more
US Renewables to Outpace Coal for Entire 2Q of 2019 Updated On Mon, Jul 1st, 2019 by Saurenergy Utility-scale renewables in the US have been predicted to will generate more electricity than coal through the entire second quarter of 2019 According to a new analysis, utility-scale renewables in the U.S. generated more electricity than coal for the first time in April, and the trend will likely persist through the entire second quarter of […] Read more
Dutch Plan to Cut Emissions by Half and Raise Renewable Capacity by 2030 Updated On Mon, Jul 1st, 2019 by Saurenergy The Netherlands in its new National Climate Agreement is planning to reduce its GHG emissions by half compared to 1990 levels by 2030. According to the country’s latest National Climate Agreement, the Netherlands is planning to reduce its greenhouse gas emissions by half compared to 1990 levels by 2030. The measures to do this are […] Read more
BHEL Issues Tender For Work on 119 MW Solar Projects For SCCL Updated On Tue, Jun 25th, 2019 by Saurenergy BHEL has issued a tender for the supply of BOS items and O&M of three solar projects worth a combined 119 MW for SCCL Bharat Heavy Electricals Ltd. (BHEL) has issued a tender for the supply of Balance of Solar PV Systems (BOS) items and operations and maintenance of three solar projects worth a combined […] Read more
Jobs in Solar – The Untold Story Updated On Tue, Jun 25th, 2019 by Saurenergy In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […] Read more
EDPR Secures PPA For its 1st Large Scale Solar Plus Storage Project Updated On Mon, Jun 24th, 2019 by Saurenergy EDPR has secured a 20-year PPA with East Bay Community Energy to sell 100 MW of solar energy and 30 MW of energy storage from the Sonrisa Solar Park. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its fully owned subsidiary EDP […] Read more
Hindustan Platinum acquires ABB’s Puerto Rico Manufacturing Plant Updated On Mon, Jun 17th, 2019 by Saurenergy Hindustan Platinum has announced the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico. Embarking the journey of a new era, Hindustan Platinum, a leading refiner and manufacturer of precious metal products and services announces the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico, hence strengthening its international […] Read more
In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more