The Solar Rush in the Middle East Picks Pace Updated On Thu, Jan 16th, 2020 by Saurenergy Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected to expand to 3,000 MW, with a target to supply the Dubai Electricity and Water Authority (DEWA) […] Read more
Ørsted, Equinor to Lead Coalition to Accelerate Global Offshore Wind Capacity Updated On Thu, Jan 16th, 2020 by Saurenergy The Action Coalition will represent the offshore wind sector in the global dialogue on climate action, spearheaded by Ørsted and Equinor. An international Ocean Renewable Energy Action Coalition has been formed to advance the sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change. Bringing together civil society, intergovernmental institutions and […] Read more
Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest Updated On Thu, Jan 16th, 2020 by Saurenergy Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […] Read more
Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal Updated On Thu, Jan 16th, 2020 by Saurenergy Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […] Read more
Waaree Breathes Easy As Bid for 184 MW Project Gets MERC Approval Updated On Wed, Jan 15th, 2020 by Saurenergy Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC). The tender […] Read more
Electricity Procurement Contracts Down 11% in December 2019: Report Updated On Wed, Jan 15th, 2020 by Saurenergy Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […] Read more
Enel Starts Operation of 475 MW of Solar Capacity in Brazil Updated On Wed, Jan 15th, 2020 by Saurenergy Enel Group’s Brazilian renewable subsidiary has started operations of the 475 MW section of São Gonçalo solar PV plant in the northeastern state of Piauí The Enel Group’s Brazilian renewable energy subsidiary Enel Green Power Brasil Participações Ltda. (EGPB) has started operations of the 475 MW section of São Gonçalo solar PV plant, located in […] Read more
Altus Power Raises USD 850 Million to Expand Solar Portfolio Updated On Wed, Jan 15th, 2020 by Saurenergy Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […] Read more
Indore Smart City Seeking Consultant for 100 MW Solar Plants Updated On Wed, Jan 15th, 2020 by Saurenergy The Indore Development Limited (ISCDL) has issued a tender seeking consultant for 100 MW solar plants at various locations. The Indore Development Limited (ISCDL) has issued a tender, seeking a consultant for 100 MW floating/ ground-mounted/ rooftop solar PV power plants at the Yashwant Sagar Dam Reservoir, Jalud Water Pumping Station and various locations. The […] Read more
