Sembcorp Brings Online 200 MW Wind Project in Gujarat Updated On Mon, Aug 19th, 2019 by Saurenergy Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Innergex Nears Completion of 600 MW Worth of RE Projects in Texas Updated On Wed, Aug 14th, 2019 by Saurenergy Innergex has announced that its two renewable energy projects worth 600 MW in the state of Texas will be in commercial operation by the end of the year. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced that its two renewable energy projects worth 600 MW in the state of Texas are nearing completion and expects both […] Read more
Andhra Tenders for Rooftop Systems on Government Buildings Updated On Tue, Aug 13th, 2019 by Saurenergy NREDCAP has issued a tender for the implementation of solar rooftop systems on government buildings in Andhra Pradesh under RESCO model. The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued a tender, inviting bids from eligible bidders for implementation of grid-connected solar rooftop systems on government buildings in the state under […] Read more
Japan’s GPIF and ADB Partner to Finance Green Projects Updated On Tue, Aug 13th, 2019 by Saurenergy ADB and Japan’s GPIF recently formed a partnership to support green project financing through investments in ADB’s green bonds. The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds. “We are pleased to collaborate with GPIF on this […] Read more
Apparel Brand Gap Signs 90 MW VPPA With Enel Green Power Updated On Mon, Aug 12th, 2019 by Saurenergy Gap has signed a 90 MW VPPA for the Aurora Wind Project with Enel Green Power, marking one of the largest offsite RE contracts by an apparel retailer. Global apparel retailer Gap Inc. has announced that it has signed a 90 MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
