IL&FS Finally Completes Sale of 7 Wind Energy Assets to Orix Updated On Thu, Oct 17th, 2019 by Saurenergy IL&FS has completed the sale of its wind energy assets to Orix Corporation for Rs 4,900 crore, helping the company resolve its debt of over Rs 4,300 crore. After months of deliberations and seeking approvals, crisis-hit IL&FS has said that it has completed the sale of its seven wind energy assets to Orix Corporation of […] Read more
Enel Commissions Largest Wind Energy Facility in Greece Updated On Wed, Oct 16th, 2019 by Saurenergy Enel Green Power Hellas has commissioned the Kafireas wind farm complex, the largest of its kind in Greece with an overall capacity of more than 154 MW. Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has connected to the grid its new Kafireas wind farm complex, which is the largest of its […] Read more
Winds of Change are Blowing in Africa: GWEC Updated On Wed, Oct 16th, 2019 by Saurenergy The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […] Read more
Significant Uncertainty Over Growth of Wind Energy in Europe: Report Updated On Fri, Oct 11th, 2019 by Saurenergy There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […] Read more
Suzlon Energy Denies Reports of Filing for Bankruptcy Updated On Tue, Oct 1st, 2019 by Saurenergy Suzlon Energy has specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the NCLT. Debt-laden renewable energy solutions provider Suzlon Energy on Monday specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the National Company Law Tribunal (NCLT). “We wish to reiterate that Suzlon’s debt […] Read more
Carnegie Mellon University Signs Multiyear RE Agreements With Engie Updated On Tue, Oct 1st, 2019 by Saurenergy Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […] Read more
T-Mobile Closes in on 100% RE Goal With new Contracts and Wind Project Updated On Sat, Sep 28th, 2019 by Saurenergy T-Mobile has announced several new moves that will bring the Un-carrier to 95 percent of its commitment to using 100 percent renewable energy by 2021. T-Mobile has announced several new moves that will bring the Un-carrier to 95 percent of its commitment to using 100 percent renewable energy by 2021. The announcements were made at […] Read more
Vestas has Secured a 168 MW Wind Park Order in Mexico Updated On Fri, Sep 27th, 2019 by Saurenergy Vestas has won a 168 MW order for a wind park in Mexico, the order derives from a corporate PPA and includes the supply and installation of 42 wind turbines Vestas has secured a 168 MW order for a wind park in Mexico. The order derives from a corporate power purchase agreement (PPA) and includes […] Read more
IL&FS Moves to NCLAT Seeking Release of Rs 145 Cr Held by Guj Discom Updated On Fri, Sep 27th, 2019 by Saurenergy Debt-ridden firm IL&FS has approached NCLAT seeking the release of around Rs 145 crore held by Gujarat Urja Vikas Nigam (GUVNL). Debt-ridden firm IL&FS has approached the National Company Law Appellate Tribunal (NCLAT) seeking the release of around Rs 145 crore held by the Gujarat-based distribution company Gujarat Urja Vikas Nigam (GUVNL). A two-member NCLAT bench […] Read more
