Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource Updated On Sat, Jul 20th, 2019 by Saurenergy Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […] Read more
Ørsted and Equinor big Winners in New York’s 1.7 GW Wind Solicitation Updated On Sat, Jul 20th, 2019 by Saurenergy NYSERDA has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects in the New York’s first offshore wind competition. The New York State Energy Research and Development Authority (NYSERDA) has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects […] Read more
CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility Updated On Fri, Jul 19th, 2019 by Saurenergy CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […] Read more
Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar Installations Updated On Fri, Jul 19th, 2019 by Saurenergy MNRE has issued the latest benchmark costs for installation of new grid-tied rooftop solar plants for the financial year. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for installation of new grid-tied rooftop solar PV plants for the present financial year. As per the notification, projects […] Read more
Azure Power Appoints new CEO and President Updated On Thu, Jul 18th, 2019 by Saurenergy Azure Power has announced the appointment of Ranjit Gupta as CEO and a member of the Board, and Murali Subramanian as president. Azure Power, one of the leading solar power producers in India has announced the appointment of Ranjit Gupta as chief executive officer (CEO) and a member of the Board, and Murali Subramanian as […] Read more
In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
Naidu Attacks Reddy Govt for Renegotiating RE PPAs Updated On Thu, Jul 18th, 2019 by Saurenergy TDP Chief N Chandrababu Naidu has attacked the Reddy government for its decision to renegotiate the PPAs for renewable projects signed during his tenure TDP Chief N Chandrababu Naidu has attacked the Jaganmohan Reddy government for its decision to renegotiate the power purchase agreements (PPAs) for solar and wind projects signed during the five-year tenure […] Read more
Tata Power Partners With NTT Com-Netmagic to Build 50 MW Solar Plant Updated On Wed, Jul 17th, 2019 by Saurenergy NTT Com-Netmagic has partnered with Tata Power to build its first 50 MW solar photovoltaic power plant in Solapur, Maharashtra. NTT Com-Netmagic, a leading Managed Hosting and Multi-Cloud Hybrid IT solution provider in India, has announced a partnership with Tata Power, one of India’s largest integrated power company, to build its first 50 MW Solar […] Read more