EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project Updated On Tue, Jul 23rd, 2019 by Saurenergy The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
IL&FS Gets Approval for Sale of Wind Assets to Orix Updated On Tue, Jul 23rd, 2019 by Saurenergy IL&FS has said it has received the necessary approval for the sale of its balance 51 percent of stake in seven wind energy subsidiaries to Orix Corporation The Infrastructure Leasing and Financial Services (IL&FS) has said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 […] Read more
Odisha Gets on With the EV Transition, Plans to Introduce Electric Buses Updated On Mon, Jul 22nd, 2019 by Saurenergy Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed. The state government of Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed on […] Read more
Energy Horizons 2019: The Curtailment Issue Updated On Sat, Jul 20th, 2019 by Saurenergy On day 2 of Energy Horizons 2019, a session titled ‘Circumventing the Challenge of Grid Adoption” was actually a session about the challenge of curtailment of renewable power by Discoms. A topic so sensitive, that even calling it that is an issue, apparently. Thankfully, a healthy discussion did follow, although a solution was still elusive […] Read more
Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource Updated On Sat, Jul 20th, 2019 by Saurenergy Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […] Read more
Ørsted and Equinor big Winners in New York’s 1.7 GW Wind Solicitation Updated On Sat, Jul 20th, 2019 by Saurenergy NYSERDA has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects in the New York’s first offshore wind competition. The New York State Energy Research and Development Authority (NYSERDA) has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects […] Read more
Renault Forms JV for Electric Vehicles in China Updated On Fri, Jul 19th, 2019 by Saurenergy Renault and JMCG have announced the establishment of their joint venture to further promote the development of Electric Vehicles industry in China Groupe Renault and Jiangling Motors Corporation Group (JMCG) have announced the establishment of their joint venture to further promote the development of the Electric Vehicles industry in China following their first agreement on […] Read more
SECI Amends 2 GW Tender Under CPSU-II Scheme Updated On Fri, Jul 19th, 2019 by Saurenergy SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time. The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU […] Read more
