Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm Updated On Tue, Oct 29th, 2019 by Saurenergy Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […] Read more
Southern Power Acquires 136 MW Wind Facility From RES Updated On Tue, Oct 29th, 2019 by Saurenergy Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […] Read more
Global Solar Tender Activity Down 26 Percent in Q3 of 2019 Updated On Mon, Oct 28th, 2019 by Saurenergy Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427. Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427, according to GlobalData’s power industry tenders database. […] Read more
Need to Grab Rooftop Solar Opportunity with Right Policy Structure: Sushil Bansal Updated On Mon, Oct 28th, 2019 by Saurenergy The rooftop solar segment is still far behind achieving its target. The main reason behind this I believe is resistance from Discoms and inconsistent solar rooftop policies in every state. There is high potential in erstwhile slow-moving solar rooftop segment. Already there is awareness among rooftop consumers. The cost advantage is also present. There is […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland Updated On Mon, Oct 28th, 2019 by Saurenergy RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
US DOE Grants $28 Million For Wind Energy R&D Updated On Fri, Oct 25th, 2019 by Saurenergy The US DOE has announced the selection of 13 projects to receive a total of USD 28 million to advance R&D in wind energy nationwide. The US Department of Energy (DOE) has announced the selection of 13 projects to receive a total of USD 28 million to advance research and development (R&D) in wind energy […] Read more
China Playing Catch-up in Offshore Wind Technology: GWEC Updated On Fri, Oct 25th, 2019 by Saurenergy A new analysis has revealed that while China is dominating in the supply of offshore turbines, it is still playing catch-up in terms of technology In 2018, 11 manufacturers installed 735 units of offshore wind turbines globally, totalling 3,693 MW of capacity, and six out of these top ten suppliers are from China. The firms […] Read more
