China’s CEI, French EDF Group Team Up for Offshore Wind in Jiangsu Province Updated On Fri, Apr 12th, 2019 by Saurenergy China Energy Investment and Electricite de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province. The project is the first offshore wind power venture with both domestic and foreign investment in China. A total of 7.94 billion yuan (US$1.18 billion) will be invested, […] Read more
Argentina Unveils Landmark Tender For Renewables and Grid Capacity Updated On Fri, Apr 12th, 2019 by Saurenergy The tender currently under analysis will support the commitment to incorporate 20% of renewable electricity by 2025 into Argentina’s energy system. The Undersecretary for Renewable Energy and Energy Efficiency of Argentina, Sebastian Kind, has recently unveiled a landmark new renewables and grid capacity tender during the Global Market Session hosted by the Global Wind Energy […] Read more
Croatia’s HEP to Invest Over $100 Mn into Solar Power Plants by 2023 Updated On Thu, Apr 11th, 2019 by Saurenergy Croatia’s national power company, HEP, which has been engaged in electricity production, transmission and distribution for more than one century, has announced that it will invest close to $114 million into solar power plants by 2023. Solar power plants Kaštelir, Cres, Vis and Vrlika Jug, of the total capacity of 11.6 MW and the value […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
MIC to Sell Solar, Wind Biz to Goldman, DIF for $215 Mn Updated On Fri, Apr 5th, 2019 by Saurenergy The company has already planned to use these proceeds to invest in the growth of its remaining businesses. After Amtech Systems, recently, revealed its plan to sell its solar business, US-based Macquarie Infrastructure Corporation (MIC) has also inked a pact to sell its entire wind and solar power generation businesses. As per the deal, the […] Read more
Cancellations in 2018 continue to cast a shadow over 2019 Solar and Wind Projections Updated On Fri, Apr 5th, 2019 by Saurenergy With total cancellations of close to 8500 MW, which would have drawn in investments of close to $ Six billion, India’s regulators at both central and state level continue to fend off criticism for the way they are running the show For the renewable sector in India, 2018 was the year which began with so […] Read more
Amtech Mulls to Sell Solar Biz; Aims to Focus on Profitable Semiconductor Biz Updated On Thu, Apr 4th, 2019 by Saurenergy The reason behind selling its solar assets is that significant investment is required to effectively compete in the changing solar industry. US-based Amtech Systems has decided to divest it’s solar businesses, including Tempress and SoLayTec subsidiaries, along with an aim to focus solely on growth opportunities in it’s a semiconductor and SiC/LED polishing businesses. The […] Read more
GE Selected as Technology Provider For Onshore Wind Project in Spain Updated On Wed, Apr 3rd, 2019 by Saurenergy The 342MW Phoenix project will produce power across 10 wind parks in Aragon, Spain, and GE will install 91 onshore wind turbines from its 3MW platform. GE Renewable Energy has been selected as the technology provider for the Phoenix onshore wind project in Aragón Spain. The 342 MW project will be developed by Mirova, ENGIE, […] Read more
More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
