American Electric Power Seeks to add 1500 MW Wind Capacity in Oklahoma Updated On Tue, Jul 16th, 2019 by Saurenergy American Electric Power has announced that its PSO and SWEPCO companies are seeking approvals to purchase 3 wind projects under development in Oklahoma American Electric Power, a major investor-owned electric utility has announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co (SWEPCO) companies are seeking regulatory approvals to purchase three […] Read more
CEEW Report on Power Job Growths with Green Energy Updated On Tue, Jul 16th, 2019 by Saurenergy A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […] Read more
Financial Close for 588 MW Offshore Wind Farm off Scotland Updated On Mon, Jul 15th, 2019 by Saurenergy The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities. The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities, Beatrice Offshore Windfarm Ltd (BOWL) has announced. […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Switching up Renewables and With it Energy Poverty: Study Updated On Mon, Jul 15th, 2019 by Saurenergy According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […] Read more
Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
Vattenfall Wins Tender for Dutch Offshore Wind Projects Updated On Fri, Jul 12th, 2019 by Saurenergy Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4, with construction scheduled for 2022. Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4. In September 2018, Vattenfall was granted […] Read more
Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
Is AP’s New Government Hurting Solar and Wind Investments Across India? Updated On Thu, Jul 11th, 2019 by Saurenergy After his resounding victory in the assembly polls, this is one promise industry wishes new CM YS Jaganmohan Reddy wouldn’t keep. But to the alarm of many, the Chief Minister seems to be serious about his threat to relook all the previous tenders, including solar and wind energy tenders, signed by the previous government, especially […] Read more
