Germany’s EnBW Takes Final Investment Decision on 960 MW He Dreiht Offshore Wind Project Updated On Fri, Mar 24th, 2023 by Saurenergy German energy giant EnBW has taken a final investment decision (FID) on the 960 MW He Dreiht offshore wind farm and said that major project will be developed without state subsidies as one of the world’s first zero-cent bids in an offshore auction. The official statement held that the investment in the offshore wind project […] Read more
BluEarth Acquires 1 GW Solar & Wind Portfolio from Ozone Renewables in USA Updated On Fri, Mar 24th, 2023 by Saurenergy Canadian power producer BluEarth Renewables has announced that it has acquired seven wind and solar development projects in the United States. The total acquired renewable energy capacity is about 1 GW from Connecticut-Based renewable energy giant Ozone Renewables. BluEarth mentioned in its official release that the green energy portfolio is acquired in Washington, Oregon, Ohio, […] Read more
Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report Updated On Wed, Mar 22nd, 2023 by Saurenergy According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […] Read more
Italian Energy Firm Edison Mulls EUR 5 Billion Investment in Renewables Updated On Wed, Mar 22nd, 2023 by Saurenergy The renewable energy firm of Italy – Edison – has announced that it will be investing EUR 5 billion in the renewable energy sector. The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. Edison is owned by French renewable major EDF and it has […] Read more
GUVNL Tender For Procurement Of 500 MW Wind Power Updated On Mon, Mar 20th, 2023 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has issued tender inviting bids to procure green power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. GUVNL has kept the last day of bid submission on April 11, 2023 and the bids will be opened […] Read more
Vestas Secures 373 MW Supply Order for South Africa Wind Projects Updated On Wed, Mar 15th, 2023 by Saurenergy Danish wind turbine manufacturer Vestas has secured a massive 373 MW supply order from independent power producer Red Rocket for the Brandvalley, Rietkloof and Wolf wind parks. Vestas has said that the wind energy projects will be located in Western Cape and Eastern Cape, South Africa. The contract includes the supply and installation of 64 […] Read more
Japan’s Daiwa Acquires Minority Stake in 1.2 GW Hornsea One Offshore Windfarm Updated On Wed, Mar 15th, 2023 by Saurenergy Japan’s Daiwa Energy & Infrastructure has announced that it has acquired a minority stake in Hornsea One offshore wind project. Daiwa said in its official statement that the acquisition is constructed on its partnership with Equitix, which has been cultivated since its first co-investment in Electricity North West Limited in 2019. Daiwa Energy & Infrastructure […] Read more
3500 MW of Wind Addition Possible in Five Developing Countries: GWEC Report Updated On Tue, Mar 14th, 2023 by Saurenergy A new report by Global Wind Energy Council (GWEC) has said that five countries, namely, Argentina, Colombia, Egypt, Indonesia and Morocco have the capacity to add 3500 MW of wind power in the coming five years if they do so aggressively. The GWEC report held that the five developing countries can add an extra $12.5 […] Read more
Pak Needs Aggressive RE Plan to Meet Solar & Wind Potential of 33,000 MW: Think Tank Updated On Mon, Mar 13th, 2023 by Saurenergy A study by Germany based think tank Agora Energiewendie has come up with its analysis that Pakistan needs to have a better and far more ambitious plan to increase its variable renewable energy (VRE), mainly solar and wind energy. The study called ‘Solar and Wind Roadmap for Pakistan’ said that the South Asian country must […] Read more