AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project Updated On Tue, Jul 23rd, 2019 by Saurenergy The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […] Read more
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
EDF Renewables and Masdar Place 415 MW Turbine Order With Vestas Updated On Wed, Jul 17th, 2019 by Saurenergy A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in Saudi Arabia with Vestas. A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in the Al Jouf region of Saudi Arabia […] Read more
American Electric Power Seeks to add 1500 MW Wind Capacity in Oklahoma Updated On Tue, Jul 16th, 2019 by Saurenergy American Electric Power has announced that its PSO and SWEPCO companies are seeking approvals to purchase 3 wind projects under development in Oklahoma American Electric Power, a major investor-owned electric utility has announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co (SWEPCO) companies are seeking regulatory approvals to purchase three […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Sembcorp Planning Rs 516.9 Cr Equity Infusion to Support RE Push Updated On Thu, Jul 11th, 2019 by Saurenergy Sembcorp has announced the infusion of equity worth Rs 516.9 crore into SEIL to support its renewable energy business in India. Sembcorp Industries has announced the infusion of equity worth Rs 516.9 crore into its India arm Sembcorp Energy India (SEIL) to support its renewable energy business in the country. The equity injection is funded through a mix […] Read more
SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
Vestas and GE Renewable Energy Settle Multi-Patent Dispute Updated On Wed, Jun 26th, 2019 by Saurenergy Vestas and GE Renewable Energy have reached an amicable settlement of all disputes related to multiple patent infringement claims in the U.S. Vestas Wind Systems A/S and General Electric Company (GE), acting through its Renewable Energy Business, GE Renewable Energy have reached an amicable settlement of all disputes related to multiple patent infringement claims in […] Read more