Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender Updated On Fri, Feb 8th, 2019 by Saurenergy SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by ReNew Power, EDF, and ENEL who bid for 300 MW […] Read more
Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power Updated On Thu, Feb 7th, 2019 by Saurenergy SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Govt. implements various programs/schemes for promotion of grid interactive renewable energy Updated On Thu, Feb 7th, 2019 by Saurenergy The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: – Waiver of Inter State Transmission System (ISTS) charges […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs Updated On Wed, Feb 6th, 2019 by Saurenergy The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […] Read more
France Launches First Offshore Wind Power Project Updated On Wed, Feb 6th, 2019 by Saurenergy LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen. LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the […] Read more
