NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender Updated On Fri, Feb 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […] Read more
IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE Updated On Fri, Feb 9th, 2024 by Saurenergy A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […] Read more
USFR To Invest $700 Million In OffShore Wind Projects On US East Coast Updated On Thu, Feb 8th, 2024 by Saurenergy US-based manufacturer of steel components US Forged Rings Inc. (USFR) today announced a $700M investment in the US offshore wind industry to construct a tower fabrication facility and a steel forging plant. The company will use these two facilities to service the growing domestic offshore wind market, filling a critical supply chain gap for offshore […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Scotland’s TWP Progresses With Its 1 GW Offshore Floating Wind Project Updated On Wed, Feb 7th, 2024 by Saurenergy Scotland-based renewable energy company Thistle Wind Partners (TWP) has submitted the onshore scoping report for its Ayre floating offshore wind project which is among the two of its ScotWind projects. According to the press release by the company, the 1 GW Ayre Offshore Wind Plant is planned to be located at the east of Orkney […] Read more
SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu Updated On Fri, Feb 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […] Read more
China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report Updated On Fri, Feb 2nd, 2024 by Saurenergy A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […] Read more
Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity Updated On Fri, Feb 2nd, 2024 by Saurenergy Bihar, struggling to increase its renewable capacity due to several challenges, has now pinned its hope on the proposed Lakhisarai solar project. The 185 MW solar power project at Kajra in the Lakhisarai district of Bihar will increase the state’s renewable capacity by around 44 percent. As per the latest data from the Central Electricity […] Read more
