Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
L&T Construction Bags Contracts for PT&D Biz worth Rs 1,000 Cr – Rs 2,500 Cr Updated On Tue, Mar 12th, 2019 by Saurenergy Additionally, it has bagged another order for the design and construction of a 15MW grid-connected floating solar farm under Visakhapatnam Smart City project. It is among the biggest floating solar projects in India. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 1,000 […] Read more
Greenko ropes in Siemens for 46% stake in Poovani Project Updated On Tue, Mar 12th, 2019 by Saurenergy German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […] Read more
Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain Updated On Mon, Mar 11th, 2019 by Saurenergy News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […] Read more
CRISIL Predicts Rs 1100 Bn in Investments For Wind Capacity Additions by 2023 Updated On Thu, Mar 7th, 2019 by Saurenergy According to a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23). According to numbers recently furnished in a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23) at an estimated investment cost of Rs […] Read more
Senvion Secures First Offshore Wind Farm in Mediterranean Sea Updated On Wed, Mar 6th, 2019 by Saurenergy Italian “near-shore wind farm” will feature ten 3 MW turbines by Senvion. Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines, has concluded a 30 MW contract with Renexia for the first offshore wind farm in the Italian Mediterranean Sea. The wind farm will feature ten Senvion 3.0M122 turbines, installed on monopile foundations […] Read more
TERI Signs MoU With WAPCOS For Collaboration on Water, Power and Infrastructural Development Opportunities Updated On Tue, Mar 5th, 2019 by Saurenergy TERI and WAPCOS to jointly implement innovative approaches in areas of Water Resources, Power and Infrastructure sectors. The Energy and Resources Institute (TERI), India’s leading think tank and WAPCOS, a consulting organisation and public sector undertaking under the Ministry of Water Resources, River Development and Ganga Rejuvenation, have signed a MoU (Memorandum of Understanding) to […] Read more
