MNRE Extends Bid Submission Date for Evaluation of 5GW VGF Scheme Updated On Thu, Nov 21st, 2019 by Saurenergy Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has further extended the bid submission deadline for the evaluation of its 5 GW (5,000 MW) Viability Gap Funding (VGF) scheme. Now, […] Read more
Karnataka’s Pavagada Reaches 1850 MW Milestone with 100MW Avaada Commissioning Updated On Thu, Nov 21st, 2019 by Saurenergy The Pavagada Solar Park, a showpiece project for the Government of Karnataka as well as the International Solar Alliance (ISA) for its massive capacity (2050 MW) and the way it managed all stakeholders including land owners, has just reached another milestone. Industry sources say that Avaada Energy has commissioned 100 MW at the park, taking […] Read more
IEA Secures $50 mn Wind Construction Order From RWE Renewables Updated On Thu, Nov 21st, 2019 by Saurenergy IEA has announced that it has secured an approximately USD 50 million wind energy project award in Oklahoma from RWE Renewables. Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced an approximately USD 50 million wind energy project award in Oklahoma from RWE Renewables. The award is […] Read more
Acciona to Supply 173 GWh Renewable Electricity to Vidrala in Portugal Updated On Thu, Nov 21st, 2019 by Saurenergy Acciona has signed a contract with Vidrala to supply renewable electricity to its 2 glass container plants in Portugal, for an estimated capacity of 173 GWh Acciona has signed a contract with the Vidrala group to supply electricity of renewable origin in 2020 to its two glass container plants in Portugal, for an estimated volume […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India) Updated On Wed, Nov 20th, 2019 by Saurenergy Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […] Read more
Europe to Lead RE Cost Reductions for Offshore Wind Through 2028 Updated On Wed, Nov 20th, 2019 by Saurenergy The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […] Read more
Hanergy SHJ Technology Records 25.11% Conversion Efficiency Updated On Wed, Nov 20th, 2019 by Saurenergy Hanergy has once again broken the world record for its SHJ technology with a record-setting 25.11% conversion efficiency, has been acknowledged by the ISFH Hanergy has announced that its Chengdu Research & Development Centre has once again broken the world record for its silicon heterojunction (SHJ) technology. The record-setting 25.11percent conversion efficiency (surface area 244.45 […] Read more
Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
