Siemens Gamesa Selected for 3.1 GW East Anglia Hub Offshore Project Updated On Thu, Feb 4th, 2021 by Saurenergy SPR has selected Siemens Gamesa as the preferred bidder to supply and install offshore wind turbines at the GBP 6.5 billion East Anglia Hub. ScottishPower Renewables (SPR), a part of the Iberdrola Group, has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred bidder to supply and install some of the world’s most powerful and […] Read more
As EV Costs Drop, States’ Efforts to Ease Barriers Vary Dramatically: Report Updated On Thu, Feb 4th, 2021 by Saurenergy According to a report by ACEEE, there are many states in the United States that have done little to reduce barriers for EV adoption. With transportation now the largest source of US greenhouse gas emissions, several states are taking comprehensive steps to help enable residents and businesses to use and charge electric vehicle (EV), yet […] Read more
Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda Updated On Wed, Feb 3rd, 2021 by Saurenergy The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […] Read more
TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN Updated On Wed, Feb 3rd, 2021 by Saurenergy TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […] Read more
Boralex Announces Closing of the Acquisition of Interests in 7 Solar Plants in US Updated On Wed, Feb 3rd, 2021 by Saurenergy Boralex has announced the closing of the previously reported acquisition of the controlling interests in a portfolio of seven solar plants located in the United States, for a purchase price of CA $277 million (US $215.6 million) after certain adjustments made as per the acquisition agreements. The seven solar plants have a total gross installed capacity of 209 […] Read more
SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon Updated On Wed, Feb 3rd, 2021 by Saurenergy SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms […] Read more
Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds Updated On Wed, Feb 3rd, 2021 by Saurenergy Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021. The bonds have a fixed coupon of 3.35 percent per […] Read more
NIPSCO Announces Completion of its First Two Wind Projects Updated On Tue, Feb 2nd, 2021 by Saurenergy Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana. “We are excited to welcome these wind assets to our generating portfolio,” said Mike Hooper, NIPSCO […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more