RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL Updated On Wed, Sep 7th, 2022 by Saurenergy In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […] Read more
KPI Green Energy’s 16.10 MW Hybrid Power Project to Come Up in Gujarat Updated On Wed, Sep 7th, 2022 by Saurenergy Under the 2018 Gujarat Wind-Solar Hybrid Power Policy, KPI Green Energy- a leading solar energy company in Surat, is installing green hybrid capabilities at Bhavnagar totaling 16.10 MW. According to the firm, this 16.10 MW hybrid power project will include solar energy project (10 MWdc) and wind energy project (6.10 MW ) capacity that will be […] Read more
Egypt Looks to Construct Two Large Solar, Wind Projects Updated On Tue, Sep 6th, 2022 by Saurenergy The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […] Read more
UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project Updated On Mon, Sep 5th, 2022 by Saurenergy UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […] Read more
Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat Updated On Mon, Sep 5th, 2022 by Saurenergy Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […] Read more
US-Based CalWave Completes Open-Ocean Wave Energy Pilot Project Successfully Updated On Fri, Sep 2nd, 2022 by Saurenergy After 10 months of nonstop operation off the coast of San Diego, US-based wave energy developer company CalWave has completed its open-ocean wave energy pilot project. The project, which began operations in September 2021, was sponsored by the US Department of Energy (DOE) to showcase CalWave’s scalable and patented xWaveTM technology as a cost-effective, sustainable […] Read more
KSEB Floats 340 MW of Solar, Wind, Hydropower Tender Updated On Fri, Sep 2nd, 2022 by Saurenergy Kerala State Electricity Board (KSEB) has floated a tender for 340 MW cumulative capacity. This tender capacity includes solar (140MW), wind (100MW), and hydropower (100 MW) on a short-term basis to meet its Renewable Purchase Obligations (RPO) which will help achieve the renewable target from November 1, 2022 to May 31, 2023. According to the […] Read more
ABS Signs Polish Deal on Offshore Wind Sector Updated On Fri, Sep 2nd, 2022 by Saurenergy American Bureau of Shipping Poland Sp. z.o.o. (ABS) has said that it is supporting the development of Poland’s offshore wind market by signing the Polish Offshore Wind Sector Deal. The official statement of ABS mentioned that this initiative includes other big names as signatories such as TotalEnergies, Orsted, Equinor and Shell. Investors, developers and supply […] Read more
US’ Emerson Strikes Deal with Leading Chinese Firm for Wind Farms In China Updated On Fri, Sep 2nd, 2022 by Saurenergy Missouri (USA)-based global technology and software company, Emerson has announced that it will provide integrated wind automation solutions and services to Taiyuan Heavy Industry (TYHI) for three greenfield wind energy farms located in Shanxi Province, China. TYHI is among the biggest makers of heavy machinery in China. The official statement of Emerson said that its […] Read more