Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
Neoen and Tesla to Expand World’s Largest Li-ion Battery System Updated On Tue, Nov 19th, 2019 by Saurenergy Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […] Read more
MNRE Opens Entries for ‘Prakritik Urja Puraskar Yojna’ Updated On Mon, Nov 18th, 2019 by Saurenergy The last date for receipt of entries is December 15, 2019 and the entries will be accepted in a prescribed proforma only. With an aim to encourage writing books in Hindi based on new and renewable energy, the Ministry of New and Renewable Energy (MNRE) has opened entries for its financial reward scheme ‘Prakritik Urja […] Read more
Azelio Signs MoU for 120 MW Storage Facilities in California Updated On Mon, Nov 18th, 2019 by Saurenergy Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […] Read more
Ivory Coast Joins World Bank’s Scaling Solar Program Updated On Mon, Nov 18th, 2019 by Saurenergy The World Bank Group, through Scaling Solar program, and Ivory Coast have signed an agreement to help develop its supply of affordable, reliable clean energy The World Bank Group, through its Scaling Solar program, and the Government of Côte d’Ivoire (Ivory Coast) have signed an agreement to help the African nation develop its supply of […] Read more
US DOE Grants $43 mn for Carbon Capture and Storage Tech Development Updated On Mon, Nov 18th, 2019 by Saurenergy US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […] Read more
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more
Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
