Nordex Receives Order For 74 Delta4000 Turbines For 350 MW Wind Project Updated On Wed, May 15th, 2019 by Saurenergy The wind turbines, which will be installed at an Oklahoma wind farm that has a proposed energy generating capacity of 350 megawatts will be delivered and installed in the spring of 2020. European wind turbine maker Nordex Group recently announced that it has bagged an order for supplying 74 wind turbines for a proposed 350 MW wind […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
SECI Extends Deadline For 3 GW Manufacturing Linked Tender Updated On Wed, May 15th, 2019 by Saurenergy The deadline for submission has been extended from May 14, 2019, to May 31, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […] Read more
Clearway Energy Begins Work on 419 MW Texas Wind Farm Updated On Tue, May 14th, 2019 by Saurenergy San Francisco-based clean energy group, Clearway Energy Group has announced that it has closed financing and commenced construction on Mesquite Star, a 419 MW wind farm in Fischer and Nolan counties in Texas. Mizuho Bank of Japan led the group of banks including KeyBank, MUFG, and Santander, that will provide a loan to finance the […] Read more
Gujarat Wind Auction Receives Lowest Bid of Rs 2.80/kWh Updated On Tue, May 14th, 2019 by Saurenergy Anisha Power Projects won the tender with the lowest bid of Rs 2.80/kWh for developing 40 MW wind projects. The Gujarat Urja Vikas Nigam Limited (GUVNL) had in March invited bids for the supply of 1,000 MW from wind power projects to be set up in the state. The state-run power utility last week received […] Read more
Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back Updated On Tue, May 14th, 2019 by Saurenergy A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […] Read more
Fresh hit to Bhadla from May 11 storm. Worrying Situation for Top Developers Updated On Tue, May 14th, 2019 by Saurenergy The Bhadla Solar Park in Rajasthan, which saw some damage to installations in the recent storm on April 17, took yet another hit, this time with more damage, from a storm on May 11. That could mean some serious rethink for developers on their installation specifications. When the April 17 storm hit Bhadla Solar Park […] Read more
Tata Power Inks Pact with MGL to Expand Footprints in e-mobility, Other Services Updated On Mon, May 13th, 2019 by Saurenergy This deal is the fourth major partnership of an electric utility company with an energy retailer to further expand its presence in the e-mobility space. In order to become future ready, utility giant Tata Power has entered into an agreement with one of the country’s leading city gas distribution companies, Mahanagar Gas Ltd (MGL), to […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
