Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg Updated On Tue, Oct 15th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […] Read more
Siemens Gamesa to Develop 250 MW Wind Farm in Egypt Updated On Tue, Oct 15th, 2019 by Saurenergy Siemens Gamesa will install 96 (SG 2.6-114) turbines through a turnkey EPC contract for the 250 MW West Bark wind energy project in Egypt Siemens Gamesa has pledged its further commitment to the growth of clean energy in Egypt through the construction of the 250 MW West Bakr Wind project which is owned by the […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
JERA to Invest in Offshore Wind Farm in Taiwan Updated On Fri, Oct 11th, 2019 by Saurenergy JERA has entered into an agreement with Macquarie Capital to acquire an equity interest in an additional offshore wind power project in Taiwan. Japanese power generator, JERA, which is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, has announced that it has entered into an agreement with Macquarie Capital […] Read more
MNRE Clarifies December 2022 as Deadline for 175 GW Target Updated On Fri, Oct 11th, 2019 by Saurenergy MNRE has clarified that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December 31, 2022. The Ministry of New and Renewable Energy (MNRE) has clarified via an official release that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December […] Read more
CRISIL Report on REturn to Uncertainty Updated On Thu, Oct 10th, 2019 by Saurenergy India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […] Read more
CEEW Report on Greening New Pastures for Green Investments Updated On Thu, Oct 10th, 2019 by Saurenergy Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […] Read more
IEEFA Report on Pumped Hydro Storage in India Updated On Thu, Oct 10th, 2019 by Saurenergy Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […] Read more
REIL Tenders for 50 MW Rooftop and Small Solar Plants Under RESCO Model Updated On Thu, Oct 10th, 2019 by Saurenergy REIL has tendered for implementation of 50 MW rooftop and small solar power plants programme for government buildings in India under the RESCO model The Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible parties for implementation of 50 MW grid-connected rooftop and small solar power plants programme for government […] Read more
