Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power Updated On Thu, Feb 7th, 2019 by Saurenergy SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
France Launches First Offshore Wind Power Project Updated On Wed, Feb 6th, 2019 by Saurenergy LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen. LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the […] Read more
Adani Green Energy Arm Mahoba Solar Bags 390MW Hybrid RE Project Updated On Wed, Feb 6th, 2019 by Saurenergy The project is expected to have a solar generation capacity of 360 MW and wind generation capacity of 100 MW. Mahoba Solar (UP) Private Limited, a wholly owned subsidiary of Adani Green Energy has been awarded 390 MW of capacity in hybrid renewable energy project. The tender for which was floated by the Solar Energy […] Read more
4000 MW of Wind Projects Stay Stranded in Gujarat deadlock Updated On Wed, Feb 6th, 2019 by Saurenergy A Strange game of non cooperation and poor coordination in Gujarat has trapped projects worth 4000 MW in red tape. Media had reported in December 2018 about, the Gujarat government’s intransigence regarding projects allotted before its new land policy for wind projects comes up. The policy, which was announced in July 2018, has led to […] Read more
