China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
US-based AES Corp Expands Footprint in Brazilian Renewable Sector Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
Israel-based Enlight Renewable gets Financing for 189 MW Wind Project Updated On Wed, Jul 29th, 2020 by Saurenergy Israel-based Enlight Renewable Energy has secured financing for its 189 MW (59 turbines) wind farm project in the Israeli-controlled Golan Heights Israel-based builder and operator of wind and solar energy projects – Enlight Renewable Energy has announced that it has secured financing for its 189 MW (39 turbines) wind farm project in the Israeli-controlled Golan […] Read more
1st Floating Wind Farm in the World now Fully Operational Updated On Wed, Jul 29th, 2020 by Saurenergy WindFloat Atlantic is now fully operational, and with a total installed capacity of 25 MW it is the world’s first semi-submersible floating wind farm WindFloat Atlantic is now fully operational and supplying clean energy to Portugal’s electrical grid. Following the connection of the last of the three platforms to the 20 m export cable connecting […] Read more
Siemens Gamesa Secures Turbine Orders Worth 180 MW in Chile Updated On Tue, Jul 28th, 2020 by Saurenergy Siemens Gamesa has received two orders in South America for the supply and installation of wind turbines at two sites of a wind energy cluster in Chile. Siemens Gamesa Renewable Energy has announced that it has received two orders in South America for the supply and installation of wind turbines at two sites of a […] Read more
Permitting Problems Still a Major Stumbling Block in NECPs: WindEurope Updated On Tue, Jul 28th, 2020 by Saurenergy 26 European countries have submitted their NECPs to the EU. And according to WindEurope the main hurdle remains the permitting problems 26 European countries have submitted their National Energy and Climate Plans (NECPs) to the EU. WindEurope has analysed what those plans entail for wind energy deployment in Europe. The main hurdle remains permitting – many NECPs […] Read more
Avangrid Boosts Apple Partnership With new Wind Power Project Updated On Thu, Jul 23rd, 2020 by Saurenergy Avangrid Renewables and Apple Inc are celebrating a growing renewable energy partnership, recognising the newly-completed Montague Wind Farm in Oregon Avangrid Renewables, LLC, a subsidiary of AVANGRID, and Apple Inc are celebrating a growing renewable energy partnership, recognising the newly-completed Montague Wind Farm, in Gilliam – Oregon and continued output of the Gala Solar project, […] Read more