Assam Tenders for 8 MW Rooftop Plants in Residential Sector Updated On Tue, Aug 13th, 2019 by Saurenergy Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […] Read more
Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm Updated On Tue, Aug 13th, 2019 by Saurenergy Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […] Read more
Resiliency to Drive US Microgrid Growth: WoodMac Updated On Mon, Aug 12th, 2019 by Saurenergy A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […] Read more
IL&FS Proposes to NCLT Sale of Wind Assets to Orix Updated On Mon, Aug 12th, 2019 by Saurenergy ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […] Read more
E.ON Commissions 201 MW Wind Farm in Texas Updated On Fri, Aug 9th, 2019 by Saurenergy E.ON has successfully opened its Stella Wind Farm, a 201 MW project in Kenedy County in Texas. German energy utility firm E.ON has announced that it has successfully opened its Stella Wind Farm, a 201 MW project located in Kenedy County in Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030 Updated On Fri, Aug 9th, 2019 by Saurenergy Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
