States That Miss UDAY Targets to Face Fund Cuts: R K Singh Updated On Thu, Aug 22nd, 2019 by Saurenergy The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […] Read more
Sembcorp Planning Rs 516.9 Cr Equity Infusion to Support RE Push Updated On Thu, Jul 11th, 2019 by Saurenergy Sembcorp has announced the infusion of equity worth Rs 516.9 crore into SEIL to support its renewable energy business in India. Sembcorp Industries has announced the infusion of equity worth Rs 516.9 crore into its India arm Sembcorp Energy India (SEIL) to support its renewable energy business in the country. The equity injection is funded through a mix […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
Nordex Bags Order for 180 MW Wind Farm in Texas Updated On Tue, Jul 2nd, 2019 by Saurenergy Nordex has received a further order for 38 turbines which will be the second of its kind installed at a U.S. wind energy project to be developed in Texas. The Nordex Group has received a further order for 38 turbines from the N149/4.0-4.5 Delta4000 series, which will be the second of its kind installed at […] Read more
Maharashtra Discom Warned Over Late Payment to Wind Developers Updated On Wed, May 22nd, 2019 by Saurenergy If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […] Read more
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
Mahindra Group Renewable Arm Looking to Sell Solar Assets Worth 160 MW Updated On Mon, Apr 22nd, 2019 by Saurenergy Mahindra Susten, the renewable energy arm of the Mahindra group, has initiated the formal process to sell a portion of its solar assets worth a combined 160 MW. The company’s renewable offerings include diversified services within the renewable energy and cleantech space, such as turnkey solar engineering, procurement, and construction (EPC) services, both utility-scale solar […] Read more
GWEC Releases First Supply-Side Data Report, Vestas Well Ahead of the Rest Updated On Thu, Apr 18th, 2019 by Saurenergy The Norwegian company accounted for just over 20 percent of the market share, or more effectively every fifth wind turbine installed in the last year was manufactured by Vestas. The Global Wind Energy Council (GWEC) has published the first edition of its annual Global Wind Market Development – Supply-Side Data 2018. According to the report, […] Read more
Germany Brings Online Largest Offshore Wind Farm in the Baltic Sea Updated On Wed, Apr 17th, 2019 by Saurenergy Arkona started its power supply to the German national grid in September 2018, and its 60 wind turbines, each producing six megawatts, reached peak production in 2019 Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German […] Read more
