Engie and EDPR JV ‘Ocean Winds’ is Officially Launched Updated On Wed, Jul 22nd, 2020 by Saurenergy ENGIE and EDPR have announced the creation of Ocean Winds, a JV equally controlled by both companies in the floating and fixed offshore wind energy sector. ENGIE and EDP Renováveis (EDPR) have announced the creation of Ocean Winds (OW), a joint venture (JV) equally controlled by both companies in the floating and fixed offshore wind […] Read more
APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC Updated On Thu, Jul 9th, 2020 by Saurenergy A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […] Read more
5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA Updated On Tue, Jul 7th, 2020 by Saurenergy According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […] Read more
Vestas Secures two Wind Orders in Japan and Germany Updated On Tue, Jun 30th, 2020 by Saurenergy Vestas has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. Vestas has announced that it has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. In Japan, the […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh Updated On Wed, Jun 17th, 2020 by Saurenergy RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […] 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
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
Chinese firms look for New Models for Overseas Sales amidst Covid-19 Challenges Updated On Mon, May 25th, 2020 by Saurenergy Amidst the coronavirus crisis, these days Chinese firms are actively searching for new ways in order to increase the sale of their products in the overseas markets. In line with this, two Chinese companies, CECEP Solar Energy Technology (ZhenJiang) Co., Ltd and Zhongshi Solar Energy Saving & Resources (Jiangsu) Co., Ltd, entered into a partnership […] Read more