Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
Powergrid Bags Transmission Projects in Gujarat and Rajasthan Updated On Thu, Aug 8th, 2019 by Saurenergy Powergrid has been declared the successful bidders to establish transmission systems for two projects in Gujarat and Rajasthan. The Power Grid Corporation of India (Powergrid) has announced that it has been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan. The first Letter of […] Read more
EDPR Secures 2nd PPA for its Solar + Storage Project in California Updated On Thu, Aug 8th, 2019 by Saurenergy EDPR has agreed on a 20-year PPA with San José Clean Energy, to sell 100 MW of solar energy and 10 MW of energy storage from the Sonrisa Solar Park EDP Renováveis (EDP Renewables, EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that […] Read more
Equinor to Co-Develop 120 MW Wind Farm in Argentina Updated On Wed, Aug 7th, 2019 by Saurenergy Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Norwegian multinational energy company Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Both the developers announced that the companies have entered […] Read more
IEA Announces $98 mn Wind Construction Project Updated On Wed, Aug 7th, 2019 by Saurenergy Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […] Read more
UP Govt Clears State’s First Floating Solar Project on Rihand Dam Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh cabinet has cleared what will be the state’s first floating solar PV power plant on Rihand Dam with an investment of Rs 750 crore. The Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath has cleared a floating solar PV power plant on Rihand Dam with an investment of Rs 750 crore. It will be the first floating solar power plant in the state and […] Read more
NTPC Issues IFB for 20 MW Floating Solar Project in UP Updated On Tue, Aug 6th, 2019 by Saurenergy NTPC has invited bids for the development of 20 MW floating solar power project at the reservoir of NTPC Auraiya Gas Power Plant in Uttar Pradesh. NTPC has issued an Invitation for Bids (IFB) from eligible parties for the development of 20 MW floating solar power project at the reservoir of NTPC Auraiya Gas Power […] Read more
