WEC Energy To Acquire 80% Stake In 250 MW Texas Solar Project Updated On Wed, Feb 1st, 2023 by Saurenergy US energy conglomerate WEC Energy Group has announced that it has signed an agreement to acquire an 80% ownership interest in the Samson I Solar Energy Center. The investment by WEC Energy Group is expected to total approximately $250 million for the 80% ownership interest. WEC Energy said that Samson I is a 250-MW project […] Read more
Juniper & Solarcraft Win 50 MW, EDF & ACME Pokharan 100 MW Each in GUVNL 300 MW Wind Auction Updated On Tue, Jan 31st, 2023 by Saurenergy In the fresh auction by Gujarat Urja Vikas Nigam (GUVNL) for the power supply of 300-MW grid connected wind energy projects, Juniper Green Energy, WYN Renewables, EDF Renewables, ACME Pokharan Solar and Solarcraft Power India have emerged as winners. As per the results by GUVNL of the Phase-IV wind energy projects, the players also have […] Read more
Five Secrets About Solar & Wind Power You Should Know Updated On Tue, Jan 31st, 2023 by Saurenergy As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […] Read more
As Global Wind Turbine Manufacturers Face Headwinds Over Failures, Should India Firms Worry? Updated On Tue, Jan 31st, 2023 by Saurenergy Last year, as turbine manufacturers in the US and Europe announced job cuts, the cuts were blamed on the increasing cost of raw materials (like microchips) and inflation putting pressure on bottomlines. GE Renewables and Siemens Gamesa were the headline grabbers, hoping they had seen the last of a tough year. Vestas, the third of […] Read more
Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF Updated On Tue, Jan 31st, 2023 by Saurenergy Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […] Read more
GE Mulls Building 2 New Offshore Wind Factories in New York Updated On Tue, Jan 31st, 2023 by Saurenergy Clean energy conglomerate GE Renewable Energy has said that it has submitted a plan to construct two new manufacturing facilities in New York if the company wins a sufficient volume of orders from customers in the State’s ongoing solicitation for up to 4.6 GW of offshore wind. GE said that it will be building the […] Read more
Government Extends Deadline For Pending Solar And Solar Wind Hybrid Projects Updated On Mon, Jan 30th, 2023 by Saurenergy In an official letter addressed to management at SECI, NTPC and NHPC, the Ministery of New and Renewable Energy (MNRE) has extended the deadline up to March 2024 for under implementation solar and solar wind hybrid projects. the new deadline is applicable for project bids finalized before March 9,2021. As per the announcement made by […] Read more
BrightNight Announces Maiden 100 MW Hybrid Wind-Solar Project in India Updated On Mon, Jan 30th, 2023 by Saurenergy Global renewable power producer BrightNight has announced plans for one of its inaugural projects in India which is a differentiated 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra. The official statement of BrightNight held that the wind solar project will deliver clean, high-capacity factor power to commercial and industrial (C&I) customers in the […] Read more
The Top 5: Game-Changing Renewable Energy Projects In The Middle East Updated On Mon, Jan 30th, 2023 by Saurenergy The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […] Read more
