China’s Wind Repowering Market to Boom Post 2023 Updated On Tue, Dec 17th, 2019 by Saurenergy China’s wind repowering market is expected to take off from 2023, with more than 21 GW of turbine fleets expected to be repowered over the next 10 years According to a new report, China’s wind repowering market is expected to take off from 2023. With more than 21 gigawatts (GW) of China’s wind turbine fleet […] Read more
Gulf Pacific Power Acquires 80% Stake in 812 MW Wind Portfolio Updated On Tue, Dec 17th, 2019 by Saurenergy Gulf Pacific Power has completed the acquisition of an 80 percent stake in an 812 MW portfolio of five operating wind projects located in the US and Canada. Gulf Pacific Power (GPP) has completed the acquisition of an 80 percent stake in EGPNA Renewable Energy Holdings (REP), a holding company that owns an 812 MW […] Read more
Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […] Read more
Economic Slowdown Affects Solar Installations in India Updated On Tue, Dec 17th, 2019 by Saurenergy The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
EBRD Loans €58 mn to Build Kosovo’s Largest Wind Farm Updated On Tue, Dec 17th, 2019 by Saurenergy EBRD has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora wind farm in Kosovo. The European Bank for Reconstruction and Development (EBRD) has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora […] Read more
GWEC and OLADE Partner to Drive Energy Transition in Latin America Updated On Mon, Dec 16th, 2019 by Saurenergy GWEC and OLADE have signed a Memorandum of Understanding (MoU) for promoting energy security and to drive the energy transition in Latin America. The Global Wind Energy Council (GWEC) and OLADE, the Latin American Energy Association, have announced they have signed a Memorandum of Understanding (MoU) to drive the energy transition in Latin America. Both organisations […] Read more
Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms Updated On Mon, Dec 16th, 2019 by Saurenergy Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […] Read more
Siemens Gamesa Bags First Order for its Latest 5.X Turbine Platform Updated On Mon, Dec 16th, 2019 by Saurenergy Siemens Gamesa has bagged an order for the supply of wind turbines from its latest 5.X platform for the 231 MW Skaftåsen project in Sweden Siemens Gamesa Renewable Energy (SGRE) has announced that it has bagged an order for the supply of its most powerful geared onshore wind turbine, the SG 5.8-155 wind turbine. The first […] Read more
