Global Onshore Wind Industry to Reach Maturity in 2020s: Report Updated On Fri, Feb 7th, 2020 by Saurenergy Solar power has emerged as the biggest threat to onshore wind’s dominance and the tools available to the wind sector to combat this challenge are diminishing. Solar power has emerged as the biggest threat to onshore wind‘s dominance in the decarbonisation battle. However, the tools available to the wind sector to combat this challenge are […] Read more
EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey Updated On Fri, Feb 7th, 2020 by Saurenergy EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
CO2 Emissions Fell by 12%, as Wind & Solar Took the Lead in Europe Updated On Thu, Feb 6th, 2020 by Saurenergy A new report has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar provided more electricity than coal A new report, presenting the latest insights on Europe’s electricity transition has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar energy sources […] Read more
Maldives Invites Applications for 21 MW World Bank Backed Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy Maldives has announced its largest renewables project so far, inviting bidders to submit applications to install 21 MW solar systems on its 6 major islands. The Island nation of Maldives has announced its largest renewable energy project so far, calling interested parties to submit applications for the pre-qualification to install 21 MW grid-tied solar PV […] Read more
Marubeni and Partners to Execute 140 MW Offshore Wind Farm off Japan Updated On Wed, Feb 5th, 2020 by Saurenergy Marubeni has announced that it has decided to implement the construction, operation & maintenance of 140 MW offshore wind farm in Akita Prefecture of Japan The Marubeni Corporation has announced that through a special purpose company called Akita Offshore Wind Corporation (AOW) it has decided to implement the construction, operation and maintenance of a 140 […] Read more
Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020 Updated On Wed, Feb 5th, 2020 by Saurenergy Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
Safeguard Duty Knots. Azure Power Wins Reprieve from CERC Updated On Wed, Feb 5th, 2020 by Saurenergy Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […] Read more
