PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
EDPR Secures 15-Year PPA for 200 MW Californian Solar Project Updated On Wed, Oct 30th, 2019 by Saurenergy EDPR has executed a 15-year Power Purchase Agreement (PPA) to sell the energy produced by its 200 MW solar park in California EDP Renewables (EDPR) has announced that it has through its fully owned subsidiary EDP Renewables North America, has executed a 15-year Power Purchase Agreement (PPA) to sell the energy produced by its 200 […] Read more
Mitsui to Sell Entire Stake in Solar, Wind Project in Canada Updated On Wed, Oct 30th, 2019 by Saurenergy Tokyo-headquartered Mitsui has 30 percent stake in this project through its investment company MIT Renewable Inc. Mitsui & Co. Ltd, an arm of Japanese Mitsui Group, has signed a pact with Axium Infrastructure (Axium) in order to sell its entire shareholding in a Canadian project (i.e. C2C Power LP), having 679 MW of installed capacity. […] Read more
Railways Tenders for Procurement of Power From Hybrid Projects Updated On Wed, Oct 30th, 2019 by Saurenergy The Indian Railways has issued an RfS, inviting bids from eligible parties to procure power from wind and solar hybrid projects. The Railway Energy Management Company (REMCL), on behalf of the Indian Railways, has issued a Request for Selection (RfS), inviting bids from eligible parties to procure power from wind and solar hybrid projects. The […] Read more
Uttar Pradesh Planning to Install Prepaid Smart Meters Updated On Wed, Oct 30th, 2019 by Saurenergy The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November, a senior official has announced The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November. “We are planning to install prepaid smart meters for electricity consumption from November 15, 2019,” said Uttar Pradesh Energy Minister Shrikant Sharma. […] Read more
Is Chindia the Answer to India’s Manufacturing Puzzle? Updated On Tue, Oct 29th, 2019 by Saurenergy When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […] Read more
ACWA Power Bags 250 MW Solar Projects in Ethiopia’s PPP Programme Updated On Tue, Oct 29th, 2019 by Saurenergy ACWA Power has been awarded 250 MW solar projects by the PPP-DG of the Ethiopian Ministry of Finance. ACWA Power, a leading international developer has announced that it has been awarded 250 MW (2*125 MW) solar photovoltaic (PV) projects by the Public-Private Partnership Directorate General (PPP-DG) of the Ministry of Finance in Ethiopia. ACWA Power […] Read more
Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm Updated On Tue, Oct 29th, 2019 by Saurenergy Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […] Read more
Southern Power Acquires 136 MW Wind Facility From RES Updated On Tue, Oct 29th, 2019 by Saurenergy Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […] Read more
