BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Siemens Gamesa Bags 201 MW Wind Turbines Order from Enel Russia Updated On Fri, Dec 14th, 2018 by Saurenergy The scope of work includes supply, installation and commissioning of 57 Siemens Gamesa 3.X platform turbines at the Kola wind farm. Siemens Gamesa Renewable Energy has announced that it has bagged its second order in Russia from Enel Russia, one of the country’s independent power producer, for the supply of 201 MW of wind turbines. […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
MNRE circulates draft Indian Wind Turbine Certification Scheme (IWTCS) Updated On Tue, Nov 13th, 2018 by Saurenergy Ministry of New and Renewable Energy, in consultation with National Institute of Wind Energy Chennai, has prepared a draft of new Scheme called Indian Wind Turbine Certification Scheme (IWTCS) incorporating various guidelinesTurbine Certification Scheme (IWTCS). The IWTCS is a consolidation of relevant National and International Standards (IS/IEC/IEEE), Technical Regulations and requirements issued by Central Electricity […] Read more
Procedure to Apply for Inclusion of Wind Turbine Model in RLMM Updated On Fri, Nov 2nd, 2018 by Saurenergy Subject: Procedure to apply for inclusion of a Wind Turbine Model in the Revised List of Models and Manufacturers of Wind Turbines (RLMM) Ref.: Central Electricity Authority (Technical Standards for connectivity to the Grid) Amendment Regulations, 2013 dated 15th October, 2013. The undersigned is directed to refer to this Ministry’s OM No. 66/183/2016-WE dated 27.10.2016 on the […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
HC Stays Wind Power Tariff Reduction by APERC Updated On Fri, Aug 24th, 2018 by Saurenergy The ‘tariff reduction’ order is seen making the financial procedures of the wind power generators a cumbersome process. Coming as a relief for the clean energy players, Andhra Pradesh High Court has stayed an Andhra Pradesh Electricity Regulatory Commission’s order reducing tariffs of the wind power projects that received generation based incentives (GBI) from the […] Read more
Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
