Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more
India has Moved From Being Power Deficit to Surplus: RK Singh Updated On Mon, Jan 4th, 2021 by Saurenergy Union Power Minister RK Singh had said that India has moved from being power deficit to become power surplus during the Narendra Modi regime At a recent Memorandum of Understanding (MoU) signing between the J&K government and NHPC for the implementation of 5 power projects (hydropower) in the Union Territory, Union Power Minister RK Singh had said […] Read more
Booming Vietnam Solar Draws Thai Firms To Invest Updated On Wed, Dec 30th, 2020 by Saurenergy Vietnam, one of the last sizeable markets that are still offering Feed In tariffs (FIT) in solar, has managed to attract international attention due to its plans. The company has a plan in place to build 18 GW of solar energy plants by 2030. Of this proposed 18 GW, 4.5 GW has already been installed […] Read more
Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan Updated On Wed, Dec 30th, 2020 by Saurenergy Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
Bharat Forge Invests Rs. 2.87 Crores in Avaada’s Solar Project in Maharashtra Updated On Tue, Dec 29th, 2020 by Saurenergy Pune-based Bharat Forge Limited has announced an additional investment of Rs 2.87 crore to use the remaining 8.20 MW solar power from Avaada Satara MH Pvt Ltd (ASPL), on Friday. The investment has been done for the purchase of solar power from Avaada as a group captive user. “We would like to inform you that […] Read more
EDFR Begins Commercial Operation of 150 MW Merricourt Wind Project Updated On Sat, Dec 26th, 2020 by Saurenergy EDF Renewables North America today announced that the 150 megawatts (MW) Merricourt Wind Project achieved commercial operation and has been turned over to Otter Tail Power Company, a subsidiary of Otter Tail Corporation. EDF Renewables developed and managed the construction process for Otter Tail Power under an Asset Purchase Agreement and turnkey Engineering, Procurement, and […] Read more
