Power Ministry Proposes Tariff Rebates on Advance Payments by Discoms Updated On Tue, Nov 19th, 2019 by Saurenergy The Ministry of Power has advised SERCs to establish reduction of generation/ transmission tariffs in cases of full or advance payments by state Discoms The Ministry of Power (MoP) has issued an order, advising state electricity regulatory commissions (SERCs) to establish the reduction of generation or transmission tariffs in cases of full or advance payments […] Read more
EFGL Selects MHI Vestas Turbines Floating Wind Project Updated On Tue, Nov 19th, 2019 by Saurenergy The 2022 floating pilot project will feature MHI Vestas’ 10 MW turbine after the firm’s V164-10.0 MW offshore wind turbines were selected by EFGL. The 2022 floating pilot project will be the first offshore wind park to feature MHI Vestas’ 10 MW turbine after the firm’s V164-10.0 MW offshore wind turbines were selected by the […] Read more
Poland Solar PV Installation is set for Exceptional Growth Updated On Tue, Nov 19th, 2019 by Saurenergy Poland has registered phenomenal growth in solar PV installations in 2019 and is expected to install 3.15 GW of capacity by 2022 Poland has registered phenomenal growth in solar photovoltaics (PV) installations in 2019 and is expected to install 3.15 gigawatt (GW) of capacity by 2022, according to new research analysis. Tarun Bhutani, project manager […] Read more
Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
Ivory Coast Joins World Bank’s Scaling Solar Program Updated On Mon, Nov 18th, 2019 by Saurenergy The World Bank Group, through Scaling Solar program, and Ivory Coast have signed an agreement to help develop its supply of affordable, reliable clean energy The World Bank Group, through its Scaling Solar program, and the Government of Côte d’Ivoire (Ivory Coast) have signed an agreement to help the African nation develop its supply of […] Read more
€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
DTEK Crosses 1 GW Mark in RE Generation With new 100 MW Wind Plant Updated On Sat, Nov 16th, 2019 by Saurenergy DTEK has commissioned the 100 MW Orlivska Wind Power Plant in Ukraine. In doing so, the company has put 1 GW of renewable energy in operation by 2020. DTEK in the partnership with the Danish company Vestas, the world’s leading wind turbine producer, has accomplished the construction of the Orlivska Wind Power Plant, a 100 […] 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
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more