After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030 Updated On Fri, Aug 9th, 2019 by Saurenergy Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
RRB Energy Working on Business Model to Strengthen Presence in India Updated On Wed, Aug 7th, 2019 by Saurenergy RRB Energy Limited has announced that it is taking strategic steps in order to ramp up its business in India RRB Energy Limited (RRBEL), a key part of the wind power sector, has announced that it is taking strategic steps in order to ramp up its business in India, and become a debt-free organization in […] Read more
Dominion Energy Seeking Solar Generation Proposals Updated On Wed, Aug 7th, 2019 by Saurenergy Dominion Energy Virginia is seeking bids for up to 500 MW of solar generation in both 2021 and 2022 Dominion Energy Virginia, a wholly-owned subsidiary of Dominion Energy which has nearly 7.5 million customers in 18 states in the US, is seeking bids for up to 500 megawatts (MW) of solar generation in both 2021 […] Read more
Equinor to Co-Develop 120 MW Wind Farm in Argentina Updated On Wed, Aug 7th, 2019 by Saurenergy Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Norwegian multinational energy company Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Both the developers announced that the companies have entered […] Read more
IEA Announces $98 mn Wind Construction Project Updated On Wed, Aug 7th, 2019 by Saurenergy Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […] Read more
