Seatrium Gets Offshore Wind EPC Contract Worth $377 million Updated On Tue, May 9th, 2023 by Saurenergy Singapore based engineering solutions provider Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms, has secured a contract worth more than S$500 million (USD 377 Million) for two offshore wind farm substations from Empire Offshore Wind. The Empire wind project is a joint venture between Equinor and bp off the United States’ Long Island. […] Read more
Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects Updated On Tue, May 9th, 2023 by Saurenergy Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […] Read more
Servotech Q4 Results Charged Up On Strong EV Show Updated On Mon, May 8th, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of solar, electric vehicle (EV) chargers, power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 7, 2023. The firm with a strong foothold in the EV charging space and in the government […] Read more
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT Updated On Mon, May 8th, 2023 by Saurenergy Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […] Read more
Amara Raja Breaks Ground on Telangana’s First Lithium Cell Gigafactory Updated On Mon, May 8th, 2023 by Saurenergy Industrial and automotive battery maker Amara Raja Batteries Limited (ARBL) is building the first gigafactory of Telangana which will also be India’s largest when it’s operational. The battery gigaplant will come up in Mahbubnagar district. The inauguration ceremony was attended by MA&UD Minister of Telangana, KT Rama Rao, and Amara Raja Group Founder Dr. Ramachandra […] Read more
Component Manufacturer BENY to Reveal Latest Rapid Shutdown Solution at SNEC Exhibition Updated On Fri, May 5th, 2023 by Saurenergy BENY, a manufacturer of photovoltaic safety components, is set to showcase its latest module-level rapid shutdown solution, the BFS-21/22, at the SNEC exhibition on May 25. The inverter accessory enhances the efficiency and safety of solar panel systems and features advanced technology to achieve fast switching, high reliability, low power consumption, and low cost. Designed […] Read more
RERC Proposes Regulation Changes For Rajasthan’s Net-Meter Consumers Updated On Fri, May 5th, 2023 by Saurenergy The Rajasthan State Electricity Regulatory Commission (RERC) recently issued its draft Regulation for Grid Interactive Distributed Renewable Energy Generating Systems, where it has sought changes in some norms related to its net-meter consumers. The Commission has now asked the public and other stakeholders to send in their suggestions on the draft regulation by May 26, 2023. The […] Read more
RPC Raises EUR 200 Million for Three Finnish Wind Farms Totaling 171 MW Updated On Fri, May 5th, 2023 by Saurenergy UK-based Renewable Power Capital (RPC) has announced the closing of a refinancing package of almost EUR 200 million covering Finaland’s three onshore wind energy farms in Rustari, Puutikankangas, and Merkkikallio. The wind farms are all operational and have a combined installed capacity of 171 MW. In March, RPC announced that it had taken over the […] Read more
