Vestas Secures 328 MW Wind Turbine Order in Norway Updated On Mon, Dec 31st, 2018 by Saurenergy Utilising the 4 MW platform’s flexibility, the turbines will ensure a high capacity factor and maximise energy production in a tailormade configuration. Vestas has secured an order for several wind projects in Norway totaling a capacity of 328 MW that will feature different 4 MW platform turbine variants from Vestas’ product portfolio. Utilising the 4 […] Read more
Construction of Dubai’s Largest Solar Park Goes into Fourth Phase Updated On Mon, Dec 31st, 2018 by Saurenergy The fourth phase of the Park is the largest single-site investment project in Concentrated Solar Power (CSP) in the world based on the IPP mode. The Dubai Electricity and Water Authority has said that construction work on the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has advanced further with the completion […] Read more
India Received $3.2 Bn of FDI in Renewable energy in Last Three Years Updated On Fri, Dec 28th, 2018 by Saurenergy In the first three months of the current financial year (2018-19), Rs 452 crore of FDI had already flown in, power minister R K Singh said. India has received Foreign Direct Investment worth $3,217 million in the renewable energy sector over the last three years from April 2015 to June 2018. According to data from the […] Read more
New Jersey Moves to Phasing Out Solar Subsidies Updated On Fri, Dec 28th, 2018 by Saurenergy At New Jersey’s Board of Public Utilities’ board meeting, the Board adopted a rule beginning the process of phasing out the current program. The state of New Jersey in the USA is planning to reduce the financial burden by reducing the subsidies given for the development of solar power. The Solar Renewable Energy Certificate program […] Read more
Vestas Wins 359 MW Repowering Order in Texas Updated On Fri, Dec 28th, 2018 by Saurenergy Vestas will replace the existing Clipper turbines with V110-2.2 MW turbines at the Trinity Hills, Sherbino Mesa II, and Silver Star wind projects. Vestas has received a 359 MW order to repower a portfolio of three projects in Texas from Phoenix Wind Repower, LLC, which is a portfolio investment of a fund managed by the […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
Freyr Energy Launches App to aid Solar Rooftop Business Updated On Wed, Dec 26th, 2018 by Saurenergy ‘Freyr SunPro 2.0’, which is an upgraded version of Freyr SunPro launched last year, will help entrepreneurs run their solar business. Freyr Energy, a Hyderabad start-up working in the solar energy sector has recently launched an app to help those who are aspiring to foray in rooftop solar system business. ‘Freyr SunPro 2.0’, which is […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
