Siemens to Supply HV Equipment for 1.6 GW Offshore Wind Farm in US Updated On Wed, Jun 10th, 2020 by Saurenergy Siemens has been awarded an order from Semco Maritime to provide the main electrical equipment for the ESP of the 1.6 GW Mayflower Wind offshore project Siemens has been awarded an order from Danish customer Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the offshore wind project Mayflower […] Read more
France Selects 306 Rooftop Solar Projects in Latest Auction Round Updated On Wed, Jun 10th, 2020 by Saurenergy France has selected 306 rooftop solar projects worth a combined 152 MW in generation capacity in the tenth round of auctions that were recently concluded The Ministry of Ecological and Solidarity Transition in France recently announced the winners in the tenth round of tenders for commercial and industrial rooftop PV systems with generation capacities ranging […] Read more
Broad Reach Power to Build 15 Battery Storage Projects in Texas Updated On Wed, Jun 10th, 2020 by Saurenergy Broad Reach Power has announced that it will build 15 utility-scale battery storage plant sites in areas near Houston and Odessa in Texas by the end of 2020 Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three-gigawatt portfolio of utility-scale solar and energy storage power […] Read more
EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm Updated On Tue, Jun 9th, 2020 by Saurenergy EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […] Read more
1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
REC Foundation Pledges to Distribute Essential Items to 5K Needy People Affected from Lockdown Updated On Mon, Jun 8th, 2020 by Saurenergy In a further step of providing relief to the needy people, REC Foundation, the CSR arm of the Central Public Sector Undertaking (CPSU) REC Ltd, has pledged to distribute 5,000 customized packets of essential items to labourers and others those affected on the back of lockdown imposed by the government to contain the spread of […] Read more
MNRE Creates FDI Cell to Process Foreign Investment Proposals Updated On Mon, Jun 8th, 2020 by Saurenergy In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
