US-UK Companies Launch JV for 10 GW Wind Turbines in North Atlantic Updated On Mon, May 24th, 2021 by Saurenergy Anglo-US renewable energy company Hecate Independent Power Ltd (HIP) and UK power plants developer Independent Power Corporation PLC announced on Friday the launch of their joint HIP Atlantic Project, under which 10 GW of fixed and floating offshore wind turbines will be installed in the North Atlantic to supply electricity to the UK power grid. The project’s total […] Read more
About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL Updated On Thu, May 20th, 2021 by Saurenergy In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […] Read more
IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues Updated On Fri, May 14th, 2021 by Saurenergy The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […] Read more
Power Ministry Writes to States/UTs to Issue Tariff Orders on Time Updated On Thu, May 6th, 2021 by Saurenergy The Ministry of Power in a letter to state and UT energy departments and SERCs has requested for the timely issuing of tariff orders The Ministry of Power in a letter to state and UT energy departments and State Energy Regulatory Commissions has requested for the timely issuing of tariff orders under the Electricity Act, […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Logistics Executive Updated On Wed, Apr 28th, 2021 by Saurenergy The Logistics Executive will assist in optimization of all Logistics operations for Freyr energy services under the direct supervision of GM-Operations on Solar PV projects of medium to high complexity. The candidate will also be responsible for floating enquiries, negotiating payment terms, maintaining delivery schedule, evaluating techno-commercial proposals from vendors. Roles and Responsibilities:- Responsible for […] Read more
RWE’s Panther Creek III Wind Farm Undergoes Repower Updated On Tue, Apr 27th, 2021 by Saurenergy Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: “Repowering Panther Creek III allows us to increase our earnings for this site. In addition, we are able to capture up-to-date turbine efficiency improvements, extending the lifetime of this facility. Panther Creek III has been an excellent performer for us in the past and […] Read more
Ather Energy Brings Online First Batch of Charging Points in Mumbai Network Updated On Wed, Apr 7th, 2021 by Saurenergy Bengaluru-based EV two-wheeler startup Ather Energy has announced the setting up of its fast charging network Ather Grid in Mumbai. Working in collaboration with startup Park+, the firm has already brought online 10 charging points across various key locations in the city with a further 30 such points expected by next year. In a press statement, the firm stated […] Read more
Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain Updated On Mon, Apr 5th, 2021 by Saurenergy Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […] Read more
