Ørsted Selected to Develop 1,100 MW Ocean Wind Project in New Jersey Updated On Mon, Jun 24th, 2019 by Saurenergy New Jersey has selected Ocean Wind, an offshore wind energy project with a capacity of 1,100MW proposed by Ørsted. The New Jersey Board of Public Utilities (NJBPU) has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from Public Service Enterprise Group (PSEG), to negotiate a 20-year offshore wind renewable energy […] Read more
Nordex Extends O&M Agreement For 400 MW Wind Farm in Montana Updated On Sat, Jun 22nd, 2019 by Saurenergy The Nordex Group has received an order from NaturEner USA to provide Premium O&M services for their 400 MW fleet of turbines in Montana, USA. The Nordex Group has received an order from NaturEner USA to provide Premium Operation and Maintenance (O&M) services for their 400 MW fleet of Acciona Windpower turbines in Montana, USA. […] Read more
EDF-led Consortium Wins 600 MW Dunkirk Offshore Wind Project Updated On Fri, Jun 21st, 2019 by Saurenergy An EDF-led consortium has won the project to design, build, operate and maintain the future 600 MW Dunkirk offshore wind farm. After an invitation to tender held by the public authorities, France’s Ministry for the Ecological and Inclusive Transition has selected the EDF Group, via its EDF Renewables subsidiary, in partnership with Innogy and Enbridge, […] Read more
Government Stressing on Infrastructure and Electric Vehicles: President Updated On Fri, Jun 21st, 2019 by Saurenergy In his address to Parliament, President Kovind said the government’s endeavour is to lay a strong foundation for urban infrastructure that will encourage employment generation. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind said the government’s endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a […] Read more
Ostro and Adani Win SECI’s 1200 MW Tranche-VI Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Ostro Energy and Adani Green Energy Park have emerged as winners in SECI 1200 MW ISTS-connected wind power projects under Tranche-VI. Ostro Energy Pvt. Ltd. and Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Ltd. (AGEL) have emerged as winners in the 1200 MW ISTS-connected wind power projects under Tranche-VI. According […] Read more
Adani Green Arm Wins 130 MW Capacity in SECI’s Tranche-VII Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Adani Green Energy Park (Gujarat) has bagged a 130 MW wind project in the latest auctions held by SECI. Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has bagged a 130-megawatt (MW) wind project in the latest auctions held by the Solar Energy Corporation of India (SECI) for the […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more