Siemens Bags Wind Turbine Order for 263 MW in Four Countries Updated On Fri, Nov 30th, 2018 by Saurenergy The type of turbines that will be supplied will be within a performance range between 2.3 and 4.1 MW, the company said in a statement. Siemens Gamesa Renewable Energy (SGRE) has announced securing major turbines order, total 263 MW spread across Sweden, Norway, Germany and Turkey. The type of turbines that will be supplied will […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report Updated On Wed, Jun 20th, 2018 by Saurenergy “We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […] Read more
Siemens Gamesa Wins First Order For a Hybrid Wind-Solar Project in Karnataka Updated On Wed, Sep 27th, 2017 by Saurenergy The Wind Solar Hybrid (WiSH) project constitutes the hybridization of an existing 50 MW wind farm with a 28.8 MW solar power plant to be executed in the state of Karnataka, the company said in a statement. Siemens Gamesa has been mandated to develop India’s first large commercial hybrid wind-solar project, where a 28.8-MW solar […] Read more
Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA Updated On Thu, Jun 16th, 2016 by Saurenergy International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […] Read more
South Africa Announces 8 Bidders For 1.76 GW RE Projects Updated On Thu, Dec 26th, 2024 by Saurenergy South African Electricity and Energy Minister, Kgosientsho Ramokgopa recently appointed eight preferred bidders to develop eight renewable energy projects. These projects will be developed under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 7. The project has a combined contracted capacity of 1.76 GW. It further awarded the project to eight preferred […] Read more
Germany Sets New Price Ceilings for 2025 Renewable Energy Auctions Updated On Tue, Dec 24th, 2024 by Saurenergy Bundesnetzagentur, the German independent federal authority that regulates and oversees infrastructure markets recently set new determinations setting price ceilings for the renewable energy generation auctions to be held in 2025. The organization set the price ceilings of 6.80 cents per kilowatt hour (ct/kWh) for ground-mounted solar photovoltaic (PV) systems, 7.35 ct/kWh for onshore wind, 9.00 […] Read more
