Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
Duke Energy Announces 350 MW Wind Project in Oklahoma Updated On Thu, Jul 25th, 2019 by Saurenergy Duke Energy Renewables has announced the largest wind power project in its fleet, the 350 MW Frontier Windpower II project in Kay County, Oklahoma. Duke Energy Renewables, a commercial business unit of Duke Energy, has announced the largest wind power project in its fleet – the 350 MW Frontier Windpower II project in Kay County, […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more
Siemens Gamesa Signs Supply Contract for 94 MW Wind Farm in Brazil Updated On Thu, Jul 25th, 2019 by Saurenergy Siemens Gamesa will supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farm in Brazil with an installed capacity of 94 MW. Siemens Gamesa has signed its first contract with Brennand Investimentos to supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farms in Sento Sé, Bahia, Brazil with […] Read more
ADB, Partners to Increase Access to Clean Energy in Tonga Updated On Wed, Jul 24th, 2019 by Saurenergy ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […] Read more
Iberdrola to Develop 114 MW Wind Project in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Iberdrola has joined forces with a local credit agency to develop the Buniel wind farm with 114 MW of installed power. Spanish wind major Iberdrola has joined forces with local credit agency Caja Rural de Soria to develop the Buniel wind farm (Burgos) with 114 megawatts (MW) of installed power. The energy company and the […] Read more