IL&FS Proposes to NCLT Sale of Wind Assets to Orix Updated On Mon, Aug 12th, 2019 by Saurenergy ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […] Read more
E.ON Commissions 201 MW Wind Farm in Texas Updated On Fri, Aug 9th, 2019 by Saurenergy E.ON has successfully opened its Stella Wind Farm, a 201 MW project in Kenedy County in Texas. German energy utility firm E.ON has announced that it has successfully opened its Stella Wind Farm, a 201 MW project located in Kenedy County in Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate […] 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
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
Daqo New Energy Announces 112,800 MT Polysilicon Agreement with LONGi Updated On Thu, Aug 8th, 2019 by Saurenergy Daqo New Energy has announced that it has signed a three-year 112,800 MT ultra-high-purity polysilicon supply agreement with LONGi Daqo New Energy, a leading manufacturer of high-purity polysilicon for the global solar PV industry, has announced that it has signed a three-year 112,800 MT ultra-high-purity polysilicon supply agreement with LONGi Green Energy Technology (LONGi), the […] Read more
Six More Cities Now Get EESL’s Super-Efficient ACs Updated On Wed, Aug 7th, 2019 by Saurenergy These ACs will undergo no de-rating even at 43oC, which leads to continuous effective cooling even at high temperatures up to 52 oC. After introducing first-of-its-kind super-efficient Air Conditioners (ACs) for Delhi consumers, the government-backed Energy Efficiency Services Ltd (EESL) has expanded this programme to six more cities i.e. Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai and […] Read more
RRB Energy Working on Business Model to Strengthen Presence in India Updated On Wed, Aug 7th, 2019 by Saurenergy RRB Energy Limited has announced that it is taking strategic steps in order to ramp up its business in India RRB Energy Limited (RRBEL), a key part of the wind power sector, has announced that it is taking strategic steps in order to ramp up its business in India, and become a debt-free organization in […] Read more
