3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India Updated On Fri, May 15th, 2020 by Saurenergy GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […] Read more
World’s 1st Offshore Farm to use 9.5 MW Turbines Comes Online Updated On Fri, May 15th, 2020 by Saurenergy The 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid with green energy from all of its 23 fully wind turbines producing 9.5 MW each. In just under ten months from the start of the offshore works, the 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid […] Read more
European RE Associations Moves EC to Solve Permitting Bottlenecks Updated On Fri, May 15th, 2020 by Saurenergy 8 European renewable energy trade associations have sent a letter to the EC urging concrete action to solve permitting bottlenecks for renewables. WindEurope and seven other European renewable energy (RE) trade associations – Bioenergy Europe, EGEC, EREF, ESTELA, Ocean Energy Europe, ESTIF, and SolarPower Europe, have sent a letter to the European Commission (EC) urging […] Read more
Iberdrola Acquires 2 Wind Projects in Scotland for €190 Mn Updated On Fri, May 15th, 2020 by Saurenergy Iberdrola has purchased two onshore wind projects in Scotland, with a combined 165 MW capacity and which will involve an investment of around €190 million Spanish multinational electric utility Iberdrola has announced that it has finalised the purchase of two onshore wind projects in Scotland, with a combined 165-megawatt (MW) capacity and which will involve […] Read more
EDPR Wins Case to Resume Work on 100 MW Wind Project in Ontario Updated On Fri, May 15th, 2020 by Saurenergy EDPR has announced that the Ontario Superior Court of Justice has reinstated the Renewable Energy Approval (REA) for the firms’ 100 MW Nation Rise Wind Farm EDP Renewables (EDPR) Canada, a wholly-owned subsidiary of EDPR, has announced that the Ontario Superior Court of Justice (Divisional Court) has granted EDPR’s judicial review application in ‘Nation Rise Wind […] Read more
Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
Top 10 Ground Mounted Solar Power States by Installed Capacity in India Updated On Thu, May 14th, 2020 by Saurenergy With the Modi Government’s aspirational goal of 5 trillion dollar economy by 2024-25 for India, power sector gets a centre stage as it is one of the most important pillars of the economic growth of the country. However, coronavirus likely to impact the goals. Despite such hindrances, power industry especially renewable energy has a higher […] Read more
Siemens Gamesa to Supply Wind, Storage Hybrid Solution in Philippines Updated On Thu, May 14th, 2020 by Saurenergy Spanish wind turbine manufacturer Siemens Gamesa is set to deliver an innovative wind and storage hybrid project in the Philippines. This project is having its own significance as it will help in reducing dependence on diesel by providing stable power supply in a location with a weak link to the grid. Moreover, this hybrid project, […] Read more
