Adani Green Arm Wins 130 MW Capacity in SECI’s Tranche-VII Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Adani Green Energy Park (Gujarat) has bagged a 130 MW wind project in the latest auctions held by SECI. Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has bagged a 130-megawatt (MW) wind project in the latest auctions held by the Solar Energy Corporation of India (SECI) for the […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
SECI Signs PSA For 460 MW Wind Power with UPPCL Updated On Thu, Jun 20th, 2019 by Saurenergy UPPCL has signed a PSA for procuring 460 MW of wind power with SECI The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a Power Supply Agreement (PSA) for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI). The signing of the agreement was announced on the official twitter handle […] Read more
Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan Updated On Thu, Jun 20th, 2019 by Saurenergy Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Adani Green Arm Wins 600 MW Hybrid Capacity in SECI Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Adani Green Energy Arm has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest SECI auction. Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest Solar Energy Corporation of India (SECI) auction. […] Read more
Boost for EV’s coming as Transport Ministry Proposes Road Tax Exemption Updated On Thu, Jun 20th, 2019 by Saurenergy The road just got smoother for EV vehicles, with the latest notification issued by the Ministry of Road, Transport and Highway led by Union Minister Nitin Gadkari on Tuesday. Now all-electric vehicles are exempted from paying road tax for vehicle registration. The exemption of road tax will apply to all categories of vehicles — two-wheelers, […] Read more
