Quercus Sells 320 MW of Renewable Assets to Green Arrow Updated On Wed, Oct 30th, 2019 by Saurenergy Green Arrow and Quercus have signed an agreement for the sale of 100 percent of the management company QAS, which holds 320 MW in renewable energy assets Green Arrow Capital (GAC) and Quercus Investment Partners have signed an agreement for the sale of 100 percent of the management company Quercus Assets Selection (QAS), to GAC, […] Read more
Siemens Gamesa Gets Firm Order for 376 MW Offshore Wind Project Updated On Wed, Oct 30th, 2019 by Saurenergy Siemens Gamesa received a firm order from partners Macquarie’s GIG and Swancor Renewable Energy for the 376 MW Formosa 2 offshore wind project. The launch of the 376 MW Formosa 2 offshore wind farm project in Taiwan took a step closer to construction after Siemens Gamesa RE announced that it has received a firm order […] Read more
EDF Renewables Inks 3 PPAs with Tesco to Provide Electricity from Solar, Wind Updated On Tue, Oct 29th, 2019 by Saurenergy As per the deal, EDF Group arm will provide an aggregate 60 MW of renewable energy to Tesco, comprising from seventeen roof-mounted solar installations along with two Scottish onshore wind farms. With an aim to provide renewable energy through solar and wind energy sources in the UK, EDF Renewables has entered into three corporate Power […] 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
RES Secures Permit for Wind Plus Storage Project in Australia Updated On Tue, Oct 29th, 2019 by Saurenergy RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […] 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
US Non-Residential Storage Market to Grow 10-Fold by 2024 Updated On Mon, Oct 28th, 2019 by Saurenergy Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […] Read more
MNRE Amends Bidding Guidelines for Procurement of Solar Power Updated On Mon, Oct 28th, 2019 by Saurenergy MNRE has issued amendments to its guidelines for the bidding process for the procurement of power from grid-connected solar PV power projects. The Ministry of New and Renewable Energy (MNRE) has issued amendments to its guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected solar PV power projects. The said […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
