PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress? Updated On Mon, Apr 13th, 2020 by Saurenergy A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […] Read more
Norway Okays Equinor’s Floating Wind Farm Plan Updated On Thu, Apr 9th, 2020 by Saurenergy The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […] Read more
Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance Updated On Wed, Apr 8th, 2020 by Saurenergy Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […] Read more
The WoodMac Weekly Global Energy Round Up Updated On Wed, Apr 8th, 2020 by Saurenergy Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […] Read more
Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy Updated On Tue, Apr 7th, 2020 by Saurenergy French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […] Read more
Germany’s Senvion to Sell its Indian Wind Turbine Manufacturing Entity Updated On Tue, Apr 7th, 2020 by Saurenergy Germany-based one of the world’s leading wind turbine makers Senvion GmbH is selling its fully operational wind turbine manufacturing entity in India to an undisclosed investor. The company, which is a specialist in the offshore business, has entered into a binding agreement with a strategic investor to sell and transfer full ownership of Senvion India. […] Read more
Vestas Selected for 139 MW Offshore Wind Farm in Japan Updated On Tue, Apr 7th, 2020 by Saurenergy Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […] Read more
Siemens Gamesa Receives 342 MW Turbine Order in Germany Updated On Mon, Apr 6th, 2020 by Saurenergy Siemens Gamesa has received a firm order from innogy SE to supply turbines for the 342 MW Kaskasi offshore wind power plant in the German North Sea Siemens Gamesa Renewable Energy (SGRE) has received a firm order from innogy SE to supply the offshore wind turbines for the 342 MW Kaskasi offshore wind power plant […] Read more
Nordex Group Reports Order Intake of 1.6 GW in Q1 2020 Updated On Mon, Apr 6th, 2020 by Saurenergy The Nordex Group has announced that it has closed the first quarter (Q1) of 2020 with an order intake of 1.644 GW, up 59% from the same period in 2019 The Nordex Group has announced that it has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of […] Read more
