Railways Planning to Generate 20 GW Renewable Energy on Surplus Land: Goyal Updated On Thu, Aug 27th, 2020 by Saurenergy Indian Railways is planning to use its surplus land to generate 20 GW of renewable energy from ‘Made in India’ solar or wind equipment to power its network The Indian Railways is planning to use its surplus land to generate 20 gigawatts (GW) of renewable energy from ‘Made in India’ solar or wind equipment to […] Read more
Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm Updated On Tue, Aug 18th, 2020 by Saurenergy Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge Updated On Wed, Aug 12th, 2020 by Saurenergy EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […] Read more
Vestas Bags 54 MW Multi-Brand Service Agreement in the Philippines Updated On Tue, Aug 4th, 2020 by Saurenergy Vestas has secured an agreement with Vena Energy Vestas has secured an agreement with Vena Energy to service its 54 MW Gamesa turbines at Pililla Wind Project in Philippines. The agreement is Vestas’ first full scope multi-brand service deal in the country. Vestas prior extensive experience from servicing 3.6 GW Gamesa turbines globally, including Taiwan […] Read more
Solar Industry Paving Way Forward For Circular Economy Updated On Fri, Jul 31st, 2020 by Saurenergy Darshika Gupta, a mechanical engineer by training and part of the business development team at the Commercial and Industrial division of Amplus Solar, makes a case for the need to shift to a circular economy. The expansion of the global renewable energy (RE) sector has been evident in recent years, improving energy security by decreasing […] Read more
CIT Leads Financing for 108 MW Solar Project in North Carolina Updated On Mon, Jul 20th, 2020 by Saurenergy The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […] Read more
Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit Updated On Tue, Jul 14th, 2020 by Saurenergy A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […] Read more
ADB Becomes Observer for the Network for Greening the Financial System Updated On Tue, Jul 7th, 2020 by Saurenergy ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […] Read more
