Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share Updated On Wed, Feb 19th, 2020 by Saurenergy Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […] Read more
Global Onshore Wind Industry to Reach Maturity in 2020s: Report Updated On Fri, Feb 7th, 2020 by Saurenergy Solar power has emerged as the biggest threat to onshore wind’s dominance and the tools available to the wind sector to combat this challenge are diminishing. Solar power has emerged as the biggest threat to onshore wind‘s dominance in the decarbonisation battle. However, the tools available to the wind sector to combat this challenge are […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
MERC Extends Commissioning Deadline for 75.6 MW Wind Project Updated On Thu, Jan 23rd, 2020 by Saurenergy MERC has ordered MSEDCL to extend the Financial Closure and Scheduled Commercial Operation Date for Clean Wind Power’s 75.6 MW wind energy project The Maharashtra Electricity Regulatory Commission (MERC) has in its latest notification ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to extend the Financial Closure (FC) and Scheduled Commercial Operation Date (SCOD) for […] Read more
Can Surplus Renewables Production in West Rajasthan Build A Big Battery? Updated On Thu, Jan 2nd, 2020 by Saurenergy Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
Only 266 MW Bids Received for SECI’s 1200 MW Wind Tender As Industry Shies Away Updated On Mon, Nov 25th, 2019 by Saurenergy SECI’s 1200 MW wind tender after receiving only two bids to develop 266 MW capacity has been extended once again. The consequences of poorly thought-through decisions over the past year and more are finally affecting the ‘pipeline’ that Power Minister RK Singh repeatedly refers to when he asserts that all is well with India’s renewable […] Read more
Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028 Updated On Wed, Nov 13th, 2019 by Saurenergy The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […] Read more