Gujarat Wind Auction Receives Lowest Bid of Rs 2.80/kWh Updated On Tue, May 14th, 2019 by Saurenergy Anisha Power Projects won the tender with the lowest bid of Rs 2.80/kWh for developing 40 MW wind projects. The Gujarat Urja Vikas Nigam Limited (GUVNL) had in March invited bids for the supply of 1,000 MW from wind power projects to be set up in the state. The state-run power utility last week received […] Read more
Fresh hit to Bhadla from May 11 storm. Worrying Situation for Top Developers Updated On Tue, May 14th, 2019 by Saurenergy The Bhadla Solar Park in Rajasthan, which saw some damage to installations in the recent storm on April 17, took yet another hit, this time with more damage, from a storm on May 11. That could mean some serious rethink for developers on their installation specifications. When the April 17 storm hit Bhadla Solar Park […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
Arctech Launches New Single-Axis Tracker ‘SkySmart-2’ Updated On Mon, May 13th, 2019 by Saurenergy The world’s first tracking system compatible with 1500V four-string systems. Arctech Solar, a leading solar tracking and tracking system provider, has launched its latest research achievement SkySmart-2, the industry’s first independent single-axis tracking system which introduces multiple fans driving up to 120 solar modules. It can solve the instability problem of regular 2P (two modules […] Read more
Amsterdam’s Largest EV Charging Network to Run on RE Updated On Mon, May 13th, 2019 by Saurenergy The innovative solution enables faster charging, maximal use of renewable electricity and more efficient use of the electric grid in Amsterdam. Vattenfall and the City of Amsterdam, have together launched Flexpower, the largest public smart charging network for electric vehicles in Amsterdam. Operated by Vattenfall, a total of 456 charging stations with 912 charging points […] Read more
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
Innergex Closes Construction Financing For its 328 MW Texas Wind Farm Updated On Fri, May 10th, 2019 by Saurenergy The facility is expected to produce a gross estimated long-term average of 1,230 GWh and will be the largest wind farm project built by Innergex. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced the closing of a construction financing and tax equity commitment for the Foard City wind project located in Foard County, […] Read more
Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
