Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Inox Wind Wins 150MW Wind Project from NTPC REL Updated On Tue, Nov 9th, 2021 by Saurenergy Noida-based Inox Wind on Monday said it has bagged a 150 MW wind power project order from NTPC Renewable Energy Ltd. The project will likely help NTPC achieve its target of having over 60 GW renewable energy capacity, constituting nearly 50 per cent of the company’s overall power generation capacity by 2032. It will be […] Read more
Vector Green and Evergreen Power In MoU For Wind Power Projects Updated On Tue, Nov 9th, 2021 by Saurenergy Vector Green Energy Pvt Ltd (Vector Green) and Evergreen Power Mauritius Pvt Ltd (Evergreen Power) have entered into a MoU to develop around 300 MW of wind power projects in India through greenfield development. Vector Green is a renewables focused Independent Power Producer (IPP), wholly owned by funds managed by Global Infrastructure Partners India LLP. […] Read more
Aker Offshore, Ocean Winds and Statkraft Team Up For Offshore Wind in Norway Updated On Mon, Nov 8th, 2021 by Saurenergy Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. While Akers and StatKraft are Norway based firms, Ocean Winds is the result of a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
Jack-up Vessel Drops Turbine Parts into Sea at Vattenfall’s Wind Farm Updated On Wed, Oct 27th, 2021 by Saurenergy MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Swedish energy company Vattenfall’s Ormonde wind farm in the Irish Sea, off the UK. A crewmember caught the incident on video and it has been widely shared on […] Read more
China’s MingYang Bags 375 MW Wind Project in Vietnam Updated On Wed, Oct 27th, 2021 by Saurenergy Chinese turbine maker MingYang Smart Energy has secured a supply contract with PowerChina International Group for the 375 MW Ca Mau offshore wind project in Vietnam. The project is the largest offshore wind power project in Vietnam and the entire Southeast Asia so far. MingYang, which was listed on the New York Stock Exchange from 2010 […] Read more
India Added >10 GW Solar & Wind Capacity from Jan-Sept’21: Report Updated On Wed, Oct 27th, 2021 by Saurenergy From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India, according to a new report by JMK Research. This is about 280% and 101%, respectively, higher compared to the same period previous year. The key reason for the significant increase is the commissioning of […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more